The Costa Rican Railroad Institute (INCOFER) announced that it will buy eight new trains from CRRC Quingdao Sifang Co. Ltd, a Chinese company dedicated to researching, developing and manufacturing railway locomotives and rolling stock products.
MEXICO CITY – Mexico abruptly withdrew a multi-billion-dollar deal Thursday with a Chinese-led consortium to build the country's first bullet train after concerns were raised about the bidding process.