The Chinese government is offering to subsidize the creation of a trans-Eurasian rail system that would have direct, high-speed links between Beijing and London. It would be the largest infrastructure project ever attempted. Trains would also run to India, Singapore, Vietnam, Thailand, Burma and Malaysia.
Wang said Beijing was already in negotiations with 17 countries over the rail lines, which would also allow China to transport raw materials more efficiently.
"It was not China that pushed the idea to start with," said Wang. "It was the other countries that came to us, especially India. These countries cannot fully implement the construction of a high-speed rail network and they hoped to draw on our experience and technology."
New high-speed rail network could trump air travel
In his first U.S. TV interview, Ren Zhengfei describes Huawei as “a tomato” crushed between two superpowers.
Last August, Florida's prison system announced that it was switching digital music providers and would be wiping out the $11.2 million worth of music that it had sold inmates -- music they'd paid for at $1.70/track, nearly double the going rate for music when not purchased from prison-system profiteers.
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