The Traderszone Network

Published in TZ Latest News 22 October, 2014 by The TZ Newswire Staff

Chinese trainmakers set to go head to head for California deal

China’s CSR Corp Ltd is keen to supply high-speed trains to California, a company official said, in a move that will pit the trainmaker against domestic rival China CNR Corp Ltd. China has made no secret of its desire to export its high-speed technology abroad, having built over 12,000 kilometers of track at home in less than a decade. CNR and CSR are China’s top locomotive makers, while China Railway Construction Corp Ltd and China Railway Group Ltd build track.

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