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Thursday, December 30th, 2010

China Shares

Author:    
Source:     Xinhua (China)
Publication Date:     12/27/2010 19:52
 Link: China Shares
Stephan:   Yet another country planning high speed rail. Obama tried to get high speed rail started but Republicans in Congress as well as several Republican governors are trying as hard as they can to block it, or refuse to use it. There is no capacity in the conservative Federal vision for placing the interests of the country above ideology and party. Meanwhile the Chinese are building all over the world. As things are going we will be buying our locomotives, cars, and other rolling stock from China. It is hard to catch up, and it becomes cheaper not to. To let somebody else do it. And just buy what they produce. That's going to be a very different America. And we are getting very close to the tipping point.

BEIJING — China will not dance alone to the music of quick tempo.

The Lao National Assembly last week gave its permission to a plan of high-speed railway construction linking China to its capital of Vientiane. The project, 421 km in length, will be launched in April 2011.

This followed Thailand’s approval of a negotiation framework for a project for Thailand-China cooperation on high-speed railway in October.

Over the years, China has been a focus of world attention in high-speed railway with it trains continuously setting new speed records in test runs. It also enjoyed applause around the world as its ‘going global’ policy for domestic enterprises has formed perfect match-up with some countries’ desire to build their own high-speed railways, which are expected to boost economic and social development.

Apart from a high-speed railway system linking Kunming in China’s Yunnan Province, Vientiane of Laos and Singapore, Chinese companies were also assisting the metro rail project in Mecca in Saudi Arabia, and the Tinaco-Anaco railroad in mid-western Venezuela. They will also participate in the high-speed railroads building in Turkey.

Meanwhile, China, with both Russia and Belarus, is also studying the feasibility of constructing a railway system to connect Moscow and Minsk.

Since 2003, China has signed […]

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