The successful bid by Bombardier Sifang Transportation Ltd. is the third by the joint venture, which Bombardier says is the only one with partial foreign ownership to win a Chinese high-speed train bid.
Bombardier holds a 50 per cent stake in the joint venture alongside CRRC Sifang Rolling Stock Co. Ltd., whose parent company CRRC Corp. Ltd. is China's state-owned train maker and the world's largest manufacturer of rail equipment. Montreal-based Bombardier says the contract for 160 rail cars -- to be made in China and with an operating speed of 350 km/h -- will be completed by mid-2020.Bombardier's rail division plays a role in numerous consortia in China, having delivered 4,500 passenger cars and more than 3,000 other rail cars to the country's burgeoning transit market as the company renews its focus on trains and business jets.
Source: Car News Wire (carnewswire.net)
And what about Michael Spavor and Michael Kovrig?
Ha. Just weeks after Trudeau gives the green light for China to drill for oil off of Newfoundland. Selling off the resources of other provinces for the benefit of Quebec? Par for the course in the laurentian empire.
Somehow, they will use this to get another handout from Ottawa.......
Ok so does this mean Canadian tax payers not longer have to bail out their asses.
China is Canadas Enemy
Great pay back a fraction often billions western taxpayers have given the company maybe?
Hurry up, they need all the moneys from the government!
Good luck on getting them on time
Something tells me, if the two Mikes being held by china were from Quebec, this would not been seen as positive.
Expect delays
Que c'est amusant de voir ça…. CTV nous parle avec justesse d'un contrat de $427 millions et les médias Québécois 'FRANCOPHONES', choisissant de gonfler comme d'habitude, eux parlent d'un contrat 'D'UN DEMI MILLIARD'.
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Bombardier’s China joint venture lands $427-million contract for high-speed train carsThe successful bid by Bombardier Sifang Transportation Ltd. (BST) is the third by the joint venture, which Bombardier says is the only one with partial foreign ownership to win a Chinese high-speed train bid globebusiness And will Bombardier lose this contract if Canada doesn’t allow Huawei’s 5G network? globebusiness Here's why our cowardly PM JustinTrudeau makes , 4G deal with our enemy China's Huawei instead of standing up to the evil which imprisoned 2 innocent Canadians to torture in China's jails. cdnpoli cdnmedia littlepotato globebusiness Blood Money. Nothing is worth this.
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Tesla to start delivering China-made Model 3s to the public next weekIts Shanghai Gigafactory is part of the Silicon Valley automaker’s plans to bolster its presence in the world’s biggest auto market globebusiness wont be buying chinese crap globebusiness north America should boycott Tesla for China's Brutal way they treat Hong Kong & the hostages two Canadians held without justification, they did nothing to deserve this treatment also there Human rights record. Buy nothing from them do not reward bad behavior BoycottChinatesla globebusiness glorified golfcarts...crap
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