26 and since the recession it has become relatively

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Unformatted text preview: derable obstacles would remain.China’s rail ministry would face independent labor unions and democratically elected politicians, neither of which it has to deal with at home. The United States also has labor and immigration laws stricter than those in China.In a nearly two-hour interview at the rail ministry’s monolithic headquarters here, Mr. Zheng said repeatedly that any Chinese bid would comply with all American laws and regulations.China’s rail ministry has an international reputation for speed and low costs, and is opening 1,200 miles of high-speed rail routes this year alone. China is moving rapidly to connect almost all of its own provincial capitals with bullet trains.But while the ministry has brought costs down through enormous economies of scale, “buy American” pressures could make it hard for China to export the necessary equipment to the United States. High Speed Rail Needs contract for US Government Nussbaum,staff writer for Philadelphia enquirer, 2010 (Paul, Foreign firms see profits in U.S. high-speed rail, August 10, 2010, Lexis Nexis, July 3, 2012, pg 1-2; FAS) <<For foreign train makers, the market for passenger trains has been relatively small in the United States, limited largely t...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas at Austin.

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