As China’s metro costs rise, Shanghai considers first fare increase since 2005

Facing a sprawling railway network and mounting fiscal pressures, Shanghai’s economic planner is considering a fare increase for its subway system after 21 years, making it the latest mainland city to target price adjustments amid widespread operational losses in urban railway transit. The city’s development and reform commission said on Wednesday that it would hold a public hearing on September 7 to review adjustments to its subway fare system, though no official proposal has been released...