Though don't know whether the accident happened on Wenzhou–Fuzhou Railway or Ningbo–Taizhou–Wenzhou Railway, it is true that two high speed rail trains crashed in Wenzhou, Zhejiang Province.
The exact number of victims hasn't yet reported.
Because patent problems on Chinese high speed rail was widely reported this year, more and more Japanese people began to know the existense of high speed railway in China. In such a situation, China causeed the serious accident. I guess China will have difficulty in selling her technique to the world. (Whether the technique is really originated from China or not is unclear)