China to pitch high-speed trains to California

Mon Oct 20, 2014 10:49pm EDT
 
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* State-backed China CNR Corp to bid to sell high-speed trains

* China has world's longest high-speed train network

* California seeking expressions of interest by Oct. 22

* $68 bln project seeks up to 95 trains as fast as 354 kph

By Brenda Goh

SHANGHAI, Oct 21 (Reuters) - State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signalling China's growing export ambitions for such technology after building the world's longest network in just seven years.

It marks the first concrete attempt by China to sell high-speed locomotives abroad and establish itself as a credible rival to sector leaders such as Germany's Siemens, Canada's Bombardier and Japan's Kawasaki.

CNR, its unit Tangshan Railway and U.S.-based SunGroup USA are submitting an expression of interest to California's $68 billion high-speed rail project for a contract to supply up to 95 trains that can travel as fast as 354 kilometres per hour (221 miles per hour), SunGroup told Reuters.

"We believe that high-speed rail is something that China does very well, and it's a product that we can export across the world," SunGroup spokesman Jonathan Sun said in a phone interview, adding that SunGroup, CNR and Tangshan Railway had been working together for four years.   Continued...