China has a very aggressive plan for establishing an extensive high speed railway network within the next 10 years. Reading the news about the fastest train in China made me look up the history of the railway. England lead the innovation in railways and changed the way we travel. Today, most of the railway stations are from the Victorian era. The UK is struggling to maintain its railway infrastructure since it was privatized in 1995. I feel that the UK could have maintained its edge on new technologies in railways through innovation.

You may find this article about railway technology in China worth reading as well.