The world fastest elevator, capable of operating at a speed of about 1260 meters per minute, is set to be installed in which country?

Introduction / Context:
Advances in elevator technology are crucial for very tall buildings, where rapid vertical transportation is needed to save time and improve convenience. The question mentions a world fastest elevator that can operate at a record speed of around 1260 meters per minute and asks in which country this elevator is set to be installed. This is a contemporary general knowledge topic related to engineering, architecture and global infrastructure.

Given Data / Assumptions:
The question provides:
1. The elevator is described as the world fastest, with a speed of about 1260 meters per minute.
2. We are asked to identify the country where it is planned to be installed.
3. The options are Japan, Spain, China and Italy.
4. We assume that the elevator is meant for a super tall skyscraper in a country that has been expanding its high rise construction.

Concept / Approach:
The concept is to connect high speed elevator innovations with countries that build many super tall skyscrapers. China has rapidly expanded its skyline with numerous tall towers, and elevator companies have developed ultra fast systems for buildings such as the Guangzhou CTF Finance Centre. The approach is to recall that this record breaking elevator, with a speed of about 1260 meters per minute, was reported as being installed in a skyscraper in China, rather than in Japan, Spain or Italy.

Step-by-Step Solution:
Step 1: Consider which of the listed countries is most actively constructing super tall skyscrapers that would need record breaking elevators. Step 2: Spain and Italy have tall buildings but are not usually mentioned in news about the absolute fastest elevators. Step 3: Japan has advanced building technology and already had very fast lifts, but the new world record at around 1260 meters per minute was associated with a Chinese skyscraper. Step 4: China has several projects featuring high speed elevators, and reports on the world fastest elevator at 1260 meters per minute identify a Chinese tower as the installation site. Step 5: Therefore, the elevator is set to be installed in China.

Verification / Alternative check:
Verification can be done by recalling articles that described the planned installation of the world fastest elevator in the Guangzhou CTF Finance Centre in China. These reports mention speeds of about 20 meters per second, which converts to about 1200 meters per minute, or close to the 1260 meters per minute value quoted in the question. The consistent reference to China in this context and the absence of similar record breaking news linked to Spain or Italy confirm that China is the correct answer.

Why Other Options Are Wrong:
Japan: Japan has previously held records for fast elevators, particularly in towers in Yokohama and Tokyo, but the specific new world fastest elevator at around 1260 meters per minute is associated with a Chinese building, not a Japanese one.
Spain: This country does not currently host the skyscraper and elevator combination described as the world fastest in the question, so this option is incorrect.
Italy: Italy has historic architecture and some tall buildings, but no widely reported project describes an elevator of this speed being installed there, so this choice is wrong.

Common Pitfalls:
A common pitfall is to select Japan automatically, assuming that any world record in engineering must belong to a country famous for technology. Another error is not paying attention to recent news from China, which has invested heavily in very tall buildings and related technologies. To avoid such mistakes, candidates should note that China frequently appears in questions about new skyscrapers and record breaking infrastructure projects and should associate many of the latest records with Chinese cities.

Final Answer:
The world fastest elevator with a speed of about 1260 meters per minute is set to be installed in China.