High Stakes Victory Or Runaway Train?

Park You-Kwang was beaming. It was Apr. 18, 1994, and the Korean had just finished negotiating with executives from the Anglo-French GEC-Alsthom consortium. The French negotiators had landed a $2.1 billion contract to supply 46 trains and other equipment to South Korea's first high-speed rail system, a project costing $13.4

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