China to Build Beijing-Moscow High Speed Rail
A post a couple months back mentioned China is in discussions with Russia to build a high-speed rail (HSR) line connecting Beijing to Moscow. Now, it seems official for which the feasibility study will go ahead soon.
Last week, the China-Thailand HSR line (that will ultimately be extended to Singapore) commenced and the Chinese feasibility study for the New Delhi-Chennai run will start this year. China’s building a line connecting Serbia and Hungary and a major railroad along the Nigerian coast. Chinese companies are also re-bidding for the first HSR line in the Americas, in Mexico. Indeed, China’s HSR plans for the world are forging ahead at blistering speed, leaving its Japanese and European competitors far behind.
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China is planning to build a 7000 km-long high-speed railway line, costing $250 billion, between Moscow and Beijing through Central Asia to provide a fast transport link between the neighbouring countries.
The railway line will pass through China, Kazakhstan and Russia and cover more than 7,000 km, more than three times the world’s current longest high-speed line, from the Chinese capital to the southern city of Guangzhou, China News Service quoted Beijing Municipal government as saying.
The project would cost more than 1.5 trillion yuan or $242 billion.
High-speed railways passing across the Korean Peninsula in Northeast Asia and linking China with West Asia as well as South Asia, are also on the schedule, it said.
China is banking on rapid expansion of its high speed rail technology abroad including India as part of its new economic restructuring to deal with its slowing economy which slid to 7.4 per cent last year, the lowest in last 24 years.
– PTI
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