High speed train vs. plane

The buildup of high speed train in China and potentially in U.S. will put pressure on airlines. China is building high speed train from Shanghai to Beijing, Guangzhou to Beijing and other route and most of them will be finished by 2012. Some finished part already put pressure on the airline. Airline has to discount 80% of its price to compete against high speed train. The demand for airplane from China will start to diminish in 3-5 years which will have a negative impact on Boeing and Airbus.