Houston Community News >>

12/7/2010-- Chinese high-speed train producers have moved to take a bigger slice of the global pie as China's ambition to build the world's largest high-speed railway network has attracted more multinationals to cash in on the fast-growing market.

General Electric announced on Tuesday it signed an agreement with CSR Co Ltd, China's largest high-speed train manufacturer, to establish a 50-50 joint venture to manufacture high-speed trains in the United States using China's technology.

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