Gov. Jerry Brown’s trade mission to China this week is intersecting with one of the most controversial issues of his governorship: California’s $68-billion bullet train.
The governor has staked part of his legacy on the rail network, a centerpiece of his vision for California. He is hoping that China, which is enjoying an economic boom and spent $77.6 billion on overseas investments last year, according to official figures, will pump some of its cash into the troubled project.
Brown’s top economic advisor and rail commission appointee, Mike Rossi, met in Beijing with Chinese investors eager for an update on its progress. And China’s vice minister of commerce told a hotel ballroom packed with California government and business officials that his country wanted to explore “the possibility of investment in the high-speed rail project in California.”
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Anthony York, Los Angeles Times via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/-R3549SMHjk/
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