Caixin
Sep 21, 2015 03:53 PM

Chinese Group, U.S. Firm Agree to Build Bullet Train Line from LA to Las Vegas

(Beijing) – A Chinese consortium led by China Railway Corp. (CRC) has teamed up with an American railroad company to build a bullet train line linking the U.S. cities of Las Vegas and Los Angeles.

The project is the first high-speed rail project involving Chinese companies in the United States, one member of the consortium said.

The cooperation was announced on September 17 by the Central Leading Group on Financial and Economic Affairs, the Communist Party's top business and economic decision-making body. The group is led by party general secretary Xi Jinping.

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