Saturday, 11 June 2016

US firm scraps plan for China to build LA-Vegas rail line


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US firm scraps plan for China to build LA-Vegas rail line Los Angeles (AFP) June 9, 2016 - A private US company said Thursday it had cancelled a deal with a Chinese rail consortium that was to build a high-speed rail line linking Los Angeles to Las Vegas. Las Vegas-based XpressWest said the deal with China Railway International was called off primarily because of "difficulties associated with timely performance and CRI's challenges in obtaining required authority to proceed with r ... more

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