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Big plans to link up the world through rail: China – The China Post

BEIJING — The factory of the world is looking to export its latest product – high-speed trains.

A Chinese state-owned enterprise is going up against the Japanese, competing for the US$8 billion which U.S. President Barack Obama had earmarked to remake U.S. railways.

General Electric has already announced a partnership last November with China’s Ministry of Railways to manufacture equipment for U.S. high-speed rail projects.

Big plans to link up the world through rail: China – The China Post.

Filed under: International High Speed Rail

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