Several Chinese Firms in Talks in Selling High Speed Trains to United States
Senior officials have announced that several Chinese firms are in talks to sell high speed trains to the United States. For long these Chinese leaders are promoting the fast rail technology of the country during meets with foreign politicians as they seek in improving the country’s exports up the value chain and as Chinese companies are fast in building high speed railway networks in Venezuela and Turkey.
Although a contract for a Chinese led consortium to construct a high speed rail line in Mexico was canceled days after the contract signing along with the deal to supply subway trains to Boston. For China building infrastructure in the U.S. would be politically sensitive as several numbers of proposals have come to a stop. But according to Zhi Luxun a official for the Ministry of Commerce foreign trade department there are current discussions with the U.S. regarding this matter.
Started in 1999 the high speed rail network in China has quickly became the largest in the world with more than 16,000 kilometers of rail tracks in service.
As of the moment there are a number of high speed rail projects that under consideration in the United States, but have only entered the early stage construction. Also the country is under negotiations with Russia, Thailand and Laos on constructing a high speed rail lines in these countries.