Chinese firms want to build, finance California high-speed train

[Yahoo! News]

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A team of Chinese firms, along with the Export-Import Bank of China, wants to build and finance a large part of California’s proposed 800-mile high-speed rail project. The firms expressed their interest last month in a 23-page document sent to the California High-Speed Rail Authority. The authority asked private companies from around the globe to help shape the state's strategy to launch the first stage of its train line, considered the most ambitious infrastructure project in the United States.

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