China, U.S. to cooperate in space exploration, high-speed rail construction

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BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao met here with visiting U.S. President Barack Obama on Tuesday. Both leaders agreed to start cooperation in new fields of space exploration and high-speed railway construction.

Hu said both leaders agreed to deepen cooperation between China and the United States on the basis of mutual benefits in areas such as anti-terrorism, law enforcement, science and technology, agriculture, health care and civil aviation.

The two leaders also initiated to start cooperation in new areas like space exploration and high-speed railway infrastructure construction, and keep promoting greater development in military relations.

Obama and Hu also discussed to expand cultural exchanges between the two nations, especially youth exchanges, and supported both sides to set up a cultural exchange mechanism and to strengthen cooperation on dispatching more students to each other countries.

Obama is paying a four-day visit to China, his maiden trip to China since taking office in January.
 
AssHatZombie said:
Back to railroadin'... You've come a long way, baby! Lay that rail, yellaskin, now go smoke opium and die. Ah so.
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Rail is one of the most efficient modes of transportation dude. And in the crowded northeast, SoCal, etc., would eliminate a lot of air and highway traffic. As long as those states pay for it, I say build the shit.
 
i like this new strategy. why not share and collaborate our advanced technology in aerospace and military in exchange for monetary considerations? its practically the only thing left we have to sell. Meanwhile the more we collaborate with china the more our "dirty freedom" will rub off on the Chinese people who are ripe for enlightenment.
 
btw one of the best investors in the world is betting a whole lot on the rail industry. Can anyone tell me who it is? Anyone anyone?
 
Chapdog said:
btw one of the best investors in the world is betting a whole lot on the rail industry. Can anyone tell me who it is? Anyone anyone?
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not on passenger transport though...

Warren is right to be buying up transports... they are very cheap right now and he is the classic buy and hold type investor.
 
Rail for freight is an entirely different animal than passenger service. My understanding is that it has actually grown in the US. The inability for folks to see that is the main reason why Amtrak has been such a dismal failure.
 
i dont know why they still need people to run the passenger trains. should be computerized by now with just security detail needed.
 
Chapdog said:
i dont know why they still need people to run the passenger trains. should be computerized by now with just security detail needed.
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I still think that there is a place for passenger trains, providing we modernize the rails and remove the stupid governing body that takes me 8 days to go 800 miles.
 
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