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Today, Chinese rail companies that were once junior partners with the likes of Kawasaki Heavy Industries Ltd., Siemens AG, Alstom SA and Bombardier Inc. are vying against them in the burgeoning global market for super-fast train systems. From the U.S. to Saudi Arabia to Brazil and in China itself, Chinese companies are selling trains that in most cases are faster than those offered by their foreign rivals. On a recent visit to China, California Gov. Arnold Schwarzenegger said he is interested in Chinese help to build a planned high-speed line in his state.Read more: http://online.wsj.com/article/SB10001424052748704814204575507353221141616.html#ixzz15exE4XKo
Filed under: International High Speed Rail, United States High Speed Rail
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