China Interested In California's High-Speed Rail - NPR ''Morning Edition'' Report

Trains Magazine General Discussion
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Just FYI and for completeness - approx. 1 min. 38 secs. long - nothing new here, though, I believe.

China Interested In California’s High-Speed Rail

by Stephanie Martin - April 12, 2010 - from KQED

‘‘The Chinese rail ministry is in talks with the state government in California to both build and finance a link between Los Angeles and San Francisco. The high-speed rail project needs private financing of up to $12 billion. California is talking to other countries that have high speed rail as well.’’

http://www.npr.org/templates/story/story.php?storyId=125845769

  • Paul North.
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Paul: This topic already has a thread on Passenger. Join in!

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Interesting article! I would suggest that the operative phrase is ’ Build and Finance’ where California is concerned this statement may be slightly oxymoronic. [#oops]

If California goes bankrupt, wonder who the Chinese will get to reposses their property? Should make for an i nteresting reality TV production. [:-^]