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China's high-speed rail is not up to standard? Mexico tears up a 60 billion yuan order
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China's high-speed rail faced setbacks when Mexico canceled a $60 billion order for the "Mexican High-speed Rail" project, impacting China's international rail ambitions. Despite winning the bid in 2014, the project was scrapped due to political and economic challenges in Mexico, as well as external pressures. In 2020, Mexico invited China again for the smaller "Maya High-speed Rail" project, seen as an attempt to mend past issues. This video explores the complexities behind these events and their implications on international relations.
#EconomicDevelopment#Infrastructure#TechnologyCompetition
#EconomicDevelopment#Infrastructure#TechnologyCompetition
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