Wednesday, February 04, 2015
Learn From the Failure of China's First High-speed Railway Exportation
ANBOUND
China Railway Construction Corporation Limited(CRCC)has confirmed that Mexican government suspended the high-speed train project designed to connect Mexico City with the central state of Queretaro. The first exportation project of CRCC failed. In the opinion of ANBOUND think tank scholars, dynamic track and assessment of their political risks and market risks are needed for such major exportation projects. The risk research of such projects, the real main points usually lie outside of the projects. Before Chinese enterprises making decisions about major foreign investment projects, they should hire independent third-party risk research institutes to assess the risks.