China Set To Tap US Market For High Speed Rail

China has now decided to enter the broadband market in the U.S. in collaboration with General Electric. 

China has the world's longest high-speed rail network, which covers 7,500 km, has also initiated plans to connect with the neighboring countries of Southeast Asia, including Singapore, Thailand, Myanmar and Laos.

Lasso in GE is an important step, because the TGV network in China has so far existing technology transfer from other operators, including Seim. Alstom, Bombardier and Kawasaki Heavy Industries.

The latest step to create a joint venture between GE in the U.S. and China CSR Limited Corporation with an initial investment of U.S. $ one million 50th GE said in a statement that the company would move trains High speed and other technologies in the U.S. while creating 250 jobs by 2012.

The new company becomes the first American manufacturer is ready to carry out projects to TGV passenger trains in Florida and California, he said.