August 9, 2012

China to supply HSR components to Siemens

SHANGHAI — Beijing-based China CNR Corp. secured a components order from Germany's Siemens AG, which includes lengths of aluminum alloy to be fashioned as the roofing, floors and walls of high-speed passenger railcars, according to The Wall Street Journal. The $14 million order represents a rare Chinese foothold in the Western market for high-speed trains, the paper reported.

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