China rolls ahead with train makers' merger

Discussion in 'China' started by Ray, Dec 4, 2014.

  1. Ray

    Ray The Chairman Defence Professionals Moderator

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    China's economy is not showing the bullishness that was evident in the past.

    This is not good news and so China requires to ensure new avenues to scupper up money from the world.

    Its hispeed railway has been well touted and so China finds it a lucrative path to boosting the finances and hence the economy.

    There is a large market in the developing countries for hispeed trains.

    India has indicated that intent and Mexico was on the way to acquiring Chinese trains, but shady Chinese practices baulked the deal.

    Thailand is another country that is keen on the hispeed trains.

    And where China has an edge over other countries which produce hispeed trains, is that Chinese trains come cheap. Real cheap.
     
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