China Touts ‘Complete Package’ for California Railway

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China can offer a “complete package,” including financing, as it competes to build a high-speed railway in California costing more than $40 billion, according to the nation’s railway ministry.

“What other nations don’t have, we have,” He Huawu, the ministry’s chief engineer, said in a Sept. 14 interview in Beijing. “What they have, we have better.” He declined to elaborate further on how much financing may be available.