GCTL8.com (FocusAsia Media Ltd)
BEIJING, Apr 3 (FAM) – China’s ambitious strategy to export its high-speed railway technology is facing various obstacles, making its aim of boosting connectivity with nations across continents difficult to achieve, industry insiders said.
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.