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China's high-speed train maker gets $ 30B for export push


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#1 CNJRoss

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Posted 04 October 2017 - 08:32 PM

The Economic Times, 10/3/17:
 

China's high-speed train maker to get $ 30 billion for export push

 

BEIJING: The China Railway Construction Corporation (CRCC), which is making a strong bid to export its high-speed train technology, will get USD 30 billion in funding to sharpen its competitiveness in the overseas markets, state media reported today.

The Export-Import Bank of China (China Exim Bank) has signed an agreement with CRCC to provide 200-billion-yuan (about USD 30 billion) to enable it aggressively market its technology abroad.



BEIJING: The China Railway Construction Corporation (CRCC), which is making a strong bid to export its high-speed train technology, will get USD 30 billion in funding to sharpen its competitiveness in the overseas markets, state media reported today.

 

The Export-Import Bank of China (China Exim Bank) has signed an agreement with CRCC to provide 200-billion-yuan (about USD 30 billion) to enable it aggressively market its technology abroad.

 

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