On track for high-speed growth
By Reuters | China Daily | Updated: 2014-10-22 07:19
Rail major CNR in the running to land rolling stock deal in California
State-backed China CNR Corp Ltd is making a pitch to sell its high-speed trains to California, signaling China's growing export ambitions for its rail technology after building the world's longest network in just seven years.
It marks one of the first concrete attempts by China to sell high-speed locomotives abroad and establish itself as a credible rival to sector leaders such as Germany's Siemens, Canada's Bombardier and Japan's Kawasaki.
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