by Gilbert B Norman
Appearing in Today's Wall Street Journal:
http://online.wsj.com/article/SB1000142 ... 67466.html
Pertinent brief passage:
http://www.youtube.com/watch?v=CEWP9-NHDgw
http://online.wsj.com/article/SB1000142 ... 67466.html
Pertinent brief passage:
- WSJ: How have recent rail accidents in China impacted the development of the high-speed rail industry there, and your business?
Mr. Beaudoin: We operate with a very big [order] backlog in China. This year China is taking a pause. They did not give [new] orders. They're doing exactly what they should do, to make the system even better so they can pursue growth again.
Now, does [China] need super high-speed everywhere? Probably not. Regional trains will become a must because the cities are so big. For us, this is going to be a very good opportunity to bring our regional-train technology to China
http://www.youtube.com/watch?v=CEWP9-NHDgw