Why China’s bid to sell high-speed rail technology overseas is losing steam

(South China Morning Post) Construction of high-speed railways abroad is part of Beijing’s massive “One Belt, One Road” initiative to increase trade and infrastructure links with countries from Asia to Africa, but most of the current rail projects have stalled.

“There is no case of China exporting high-speed rail that can be described as very successful. The situation is very undesirable,” said Dou Xin, a spokeswoman for CRRC Qingdao Sifang.

Source: Kristin Huang, South China Morning Post

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