Rail Wars between China and Japan are a battle for influence in the region: Foreign Media

The competition between Asia’s biggest economies for high-speed rail contracts has been intense. China beat out Japan for a line in Indonesia last year, and the two are set to face off again over a proposed Singapore-Kuala Lumpur link. A Chinese proposal to build one in Thailand fell through this year, while a Japanese-backed plan for Vietnam was rejected by the country’s national assembly. Taiwan’s Japan-sponsored line has proved to be a financial flop and had to be bailed out by the government last year.

(Sourced from agencies, feature image courtesy:cobrapost.com)