Friday, 18 September 2015

China, U.S. Reach Agreement on High-Speed Rail Before Xi Visit

quote [ A China Railway Group-led consortium and XpressWest Enterprises LLC will form a joint venture to build a high-speed railway linking Las Vegas and Los Angeles, the first Chinese-made bullet-train project in the U.S.

Construction of the 370-kilometer (230-mile) Southwest Rail Network will begin as soon as next September, according to a statement from Shu Guozeng, an official with the Communist Partys leading group on financial and economic affairs. The project comes after four years of negotiations and will be supported by $100 million in initial capital. The statement didnt specify the projects expected cost or completion date. ]

Finally, the US gets high-speed rail - for the critical LA to LV run. Thanks, China!
[SFW] [business] [+1 laz0r]
[by HoZay@4:37amGMT]

Comments

ooo[......7 said @ 5:16am GMT on 18th Sep [Score:2 Funny]
arrowhen said @ 5:45am GMT on 18th Sep
AssBastard said @ 6:23am GMT on 18th Sep
Without looking at it, considering the name of the show is Deadwood, I'm guessing the favorite word is "flaccid."
XregnaR said @ 12:11pm GMT on 18th Sep
Dub in a "va" before every one of those and it gets even funnier.
Jack Blue said @ 7:34am GMT on 18th Sep [Score:2]
Guess they are there to upgrade the old one they installed.
HoZay said @ 5:42pm GMT on 18th Sep
Subtle.
XregnaR said @ 12:10pm GMT on 18th Sep
As I live in neither LA nor LV, what - besides gambling revenue - would be the business driver behind this?

HoZay said @ 1:52pm GMT on 18th Sep
I think gambling is enough.
HP Lovekraftwerk said @ 12:10pm GMT on 18th Sep
So are LA and Las Vegas still kind of at war with each other? I seem to recall that Vegas was luring away a lot of LA's better restaruants/chefs and was starting to eat into its movie studio biz by building big soundstages in the desert that could be had for a fraction of the costs back in Los Angeles. Is that still going on or did it stabilize?
sanepride said @ 2:17pm GMT on 18th Sep
I found this story kind of perplexing. Why exactly do we need China to build a high-speed railway between LA and Las Vegas?
mechanical contrivance said @ 2:24pm GMT on 18th Sep
Because no American company was willing to do it.
sanepride said @ 2:40pm GMT on 18th Sep
Sure, I figured (my question really was rhetorical). Just kind of pathetic that we can't build it ourselves and funny that we need China to do it, considering all the political/economic antagonism going on these days.
HP Lovekraftwerk said @ 5:00pm GMT on 18th Sep
So where were the components of the thing you're typing your laments on manufactured?
sanepride said @ 5:17pm GMT on 18th Sep
Hey I'm as grateful as any American for the exploitation of cheap Chinese labor for my inexpensive consumer goods. But pardon me for briefly lamenting our inability to complete our own major infrastructure projects.
HoZay said @ 5:41pm GMT on 18th Sep
The worse political antagonism is between those who want to build infrastructure and those who'd rather cut taxes, even if it means going back to dirt roads.
mechanical contrivance said @ 5:48pm GMT on 18th Sep
In Texas, they have gone back to dirt roads in some places.
HP Lovekraftwerk said @ 6:23pm GMT on 18th Sep
To be fair, I visited Texas while the housing bubble was in full swing, and I have this to say: Good!

I mean it was insane! There were developments that hadn't even had their foundations poured that the state had built four-lane highways to! Coupled with the fact there's no state income tax, I wasn't sure what lunatic thought there'd be enough revenue to maintain the roads they had, much less keep making new ones. I've heard stories about the nightmarish L.A. freeways, but I have to wonder how they compare to most of Houston (including the 610 Loop) and the roads in and around Dallas.
HoZay said @ 8:02pm GMT on 18th Sep
Fewer guns/car in LA, maybe.
HP Lovekraftwerk said @ 8:53pm GMT on 18th Sep
Fewer pickup trucks, for sure.

I also never got an answer from any Houstonians if it was a law you had to drive in a pickup with your hand on the passenger headrest or if that was something that just happened to everyone who owned one.
sanepride said @ 6:01pm GMT on 18th Sep
Indeed we can learn a few things from the Chinese when it comes to investing in big infrastructure projects.
Just not the part where corruption leads to shoddy construction resulting in horrific accidents.
HP Lovekraftwerk said @ 6:24pm GMT on 18th Sep
That's cute. You think there'll be more than one train.
Abdul Alhazred said @ 11:01pm GMT on 18th Sep
If I had to guess, I would say that Chinese tourists wan to go to Vegas and want a fast way to get there.

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