RE: China unveils world's fastest bullet train: 262 mph
We really have only ourselves to blame if you believe we should have had more and faster trains in the U.S.
Nobody is going to go through the hoops and open their wallets to build trains when americans want to drive everywhere. No matter how fast the train is, we will always ask the question "so once we get off the train then what? I still need to rent a car or take a cab so I mind as well drive". There are a large portion of this country who refuses to take mass transit because its beneath them. So unless that mindset changes, there is no reason to have trains.
As for china, those high speed trains are mainly for tourists because most people in that country can't afford to pay the extra $$$ for a high speed ticket. And their older trains are disgusting. I've seen and I know people who live there and uses it. Its beyond horrific. I would rather hold it in for that long train ride. And the more peasants you allow on the high speed train, it won't be long before they become gross too.