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Old 15th February 2020, 12:34   #1 (permalink)
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China offers to build a cheaper, faster HS2 - Five years

China has offered to build a cheaper, faster HS2 service in just five years, it was reported last night.

British officials are in talks with Chinese counterparts about getting the high-speed rail project back on track.

Beijing claimed it could build the line by 2025 for less money and with faster trains, according to the Financial Times.

The Department for Transport confirmed preliminary discussions were under way between HS2 and the state-owned China Railways Construction Corporation. No firm commitments are said to have been made.

A spokesman said: 'We are always keen to learn from the experience of others and to consider approaches that offer value for money.'

Boris Johnson gave HS2 the green light earlier this week despite total cost estimates reaching more than 100billion.

CRCC has built most of China's 15,500-mile high-speed network in a decade, accounting for two thirds of all fast lines globally.

It wants to deliver speeds of 260mph for HS2 trains, which is well above the current projected maximum range of between 200mph and 225mph.

Last month, the company wrote to HS2 chief executive Mark Thurston claiming it 'stands ready to solve all of the issues that the project currently faces'.

CRCC added: 'We are certain that we can offer a cost that is significantly lower than the projections we have seen.

'The advantages, are, in our opinion, too great to dismiss on the basis that there are obstacles to overcome. You will find that the Chinese way is to seek solutions, not linger on obstacles and difficulty.'

https://www.dailymail.co.uk/news/art...lding-HS2.html

------------------------------------------------

I wonder if Trump would approve?
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Old 15th February 2020, 12:44   #2 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

Scunthorpe - Chinese Steel.

What is it about loss-making Scunthorpe that the Chinese like and others don't?

'Made in the UK'
There are several possible answers.

First, the official version. The businesses are genuinely complementary. Scunthorpe is a specialist in rail tracks and other "long products" like reinforcing bars used in construction. Jingye doesn't make these. British Steel gives it new products and new markets.

Second, Chinese steel is not welcome in all parts of the world.

Indeed, it was the flood of steel coming from Chinese overproduction that saw the UK steel industry have a near death moment in 2016 before strong EU anti-dumping measures that imposed big tariffs on Chinese steel imports offered the industry a degree of protection.

Some industry watchers are suggesting that Scunthorpe, and British Steel's plant in Hayange in France would allow Jingye to import raw steel from China, finish it into higher value products and stick a "Made in UK" or "Made in France" badge on it.

Peace of mind for big customers like Network Rail in the UK or French ones like SNCF. It would also make exports to the US quite a bit easier than they are now.

Third, and connected to the second, there is some valuable intellectual property and expertise that Jingye is acquiring along with the sites themselves.

https://www.bbc.co.uk/news/business-50411621
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Old 15th February 2020, 12:51   #3 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

And they probably could:

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Old 15th February 2020, 13:03   #4 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

Quote:
Originally Posted by bickern View Post
China has offered to build a cheaper, faster HS2 service in just five years, it was reported last night.

British officials are in talks with Chinese counterparts about getting the high-speed rail project back on track.

Beijing claimed it could build the line by 2025 for less money and with faster trains, according to the Financial Times.

The Department for Transport confirmed preliminary discussions were under way between HS2 and the state-owned China Railways Construction Corporation. No firm commitments are said to have been made.

A spokesman said: 'We are always keen to learn from the experience of others and to consider approaches that offer value for money.'

Boris Johnson gave HS2 the green light earlier this week despite total cost estimates reaching more than 100billion.

CRCC has built most of China's 15,500-mile high-speed network in a decade, accounting for two thirds of all fast lines globally.

It wants to deliver speeds of 260mph for HS2 trains, which is well above the current projected maximum range of between 200mph and 225mph.

Last month, the company wrote to HS2 chief executive Mark Thurston claiming it 'stands ready to solve all of the issues that the project currently faces'.

CRCC added: 'We are certain that we can offer a cost that is significantly lower than the projections we have seen.

'The advantages, are, in our opinion, too great to dismiss on the basis that there are obstacles to overcome. You will find that the Chinese way is to seek solutions, not linger on obstacles and difficulty.'

https://www.dailymail.co.uk/news/art...lding-HS2.html

------------------------------------------------

I wonder if Trump would approve?

Unfortunately a bit smaller than Boris anticipated



Last edited by Camden; 15th February 2020 at 13:23..
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Old 15th February 2020, 13:09   #5 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

Interesting take on HS2 bickern! Thanks.
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Old 15th February 2020, 13:19   #6 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

I suppose its like a reverse colonization we built the railways to colonize China now they are in the position to do the same LOL.....

Last edited by Camden; 15th February 2020 at 13:32..
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Old 15th February 2020, 13:42   #7 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

Quote:
Originally Posted by bickern View Post
China has offered to build a cheaper, faster HS2 service in just five years, it was reported last night.

British officials are in talks with Chinese counterparts about getting the high-speed rail project back on track...
More money going overseas
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Old 15th February 2020, 13:55   #8 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

Brexit was always about cheap lmported labour and removal of workers rights, so no surprises really, expect much more of it.

Martin
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Old 15th February 2020, 13:56   #9 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

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Originally Posted by Jaycey View Post
More money going overseas
That hasn't stopped EU member states themselves letting in investment and infrastructure projects courtesy of the Chinese......more money going overseas?
Have to say, if the Chinese can do it quicker, cheaper & to the required standard, what's the problem?
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Old 15th February 2020, 14:10   #10 (permalink)
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Re: China offers to build a cheaper, faster HS2 - Five years

Quote:
Originally Posted by yalimart View Post
Brexit was always about cheap lmported labour and removal of workers rights, so no surprises really, expect much more of it.

Martin
It may have been to you but where is the evidence? Rhetoric that has no evidence to back it up is just that, rhetoric. Those who favour(ed) Brexit are now waiting to see what actually happens when the UK leaves the departure lounge.

Of course we all know where the Corbynistas stood, oh sorry, my mistake, even they didn't did they. LOL!
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Last edited by bickern; 15th February 2020 at 14:14..
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