maglev, CalTrade Report, magnetic levitation, - CHINA ABANDONS MAGLEV RAIL PROJECT - CalTrade ReportAsia Quake Victims BEIJING – 01/18/04 – China has abandoned plans to build a high-speed magnetic-levitation railway between Beijing and Shanghai in favor of less expensive conventional trains, reports the Associated Press. - BEIJING – 01/18/04 – China has abandoned plans to build a high-speed magnetic-levitation railway between Beijing and Shanghai in favor of less expensive conventional trains, reports the Associated Press. - CHINA ABANDONS MAGLEV RAIL PROJECT maglev, CalTrade Report, magnetic levitation, - CHINA ABANDONS MAGLEV RAIL PROJECT

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CHINA ABANDONS MAGLEV RAIL PROJECT

BEIJING - 01/18/04 - China has abandoned plans to build a high-speed magnetic-levitation railway between Beijing and Shanghai in favor of less expensive conventional trains, reports the Associated Press.
 
The China Daily, citing unidentified sources, said Premier Wen Jiabao was involved in the decision to use the conventional rail system, and that the decision to terminate the rail project was made at a recent meeting of the State Council, the country's Cabinet.

Besides cost, "the maglev technique was excluded because it does not match the wheel-track technique used by railways in China," the paper said, citing Wang Derong, vice-chairman of the China Transport Association.

The Railways Ministry had no immediate public comment and did not answer its telephone Friday morning. At least one newspaper, the Beijing Morning Post, said the decision to abandon the maglev plan had not been finalized.

The scrapping of the 9-year-old maglev project - just two weeks after the country's first maglev, a short stretch in Shanghai, began regular operation - represents a setback for the development of the technology in China, which many had seen as one of its key markets.

It also appears to open the market for other alternatives on the proposed Beijing-Shanghai line.

Other options for the railway, according to state media, include styling it after the Shinkansen, Japan's high-speed bullet train, or two methods used in France - TGV and the Inter-City Express. The Shanghai maglev is German-built.

The online edition of the People's Daily said the decision was part of a larger plan for the nation's railways passed by the Cabinet.

"There have been many versions of the rail and maglev dispute, but an end has been put on them by the passage of the medium-and-long term plan," the People's Daily said. "This is indeed the end of decade-long feasibility studies."

Leaders envision a high-speed railway network for China that includes four north-south lines and four east-west lines, the government said.

Such a network would help move hundreds of millions of Chinese who increasingly are traveling around their own country - and, more important, help transport goods and raw materials.

China began daily runs of the world's first commercially operated maglev in Shanghai on January 1, but the $1.2 billion German-built system covers only 18 miles. It connects Shanghai to its 3-year-old airport, the city's second.

The Beijing-Shanghai High-Speed Railway Project was first proposed in 1997. The cost of the 750-mile railway has been estimated at $14 billion.

The maglev cost can be as high as $36 million to $48 million per half mile, twice that of wheel-track lines, the China Daily said.

German companies spent decades and billions of dollars developing maglev technology, but had searched in vain for a customer until Shanghai leaders picked the system as a way to highlight the city's high-tech ambitions.

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MEXICO LIFTS CALIFORNIA LETTUCE BAN

MEXICO CITY, Mexico – 10/20/06 – The weeks-old ban on California lettuce shipments to Mexico has been lifted after US Department of Agriculture tests for the E. coli bacteria proved negative; California is the country’s leading producer of lettuce with an estimated 70-75% of the total US production of iceberg lettuce and between 80-85% of the leaf lettuce.


NAPSTER ENTERS THE JAPANESE MARKET

LOS ANGELES – 10/16/06 – Napster, the digital music service provider, has entered the Japanese market with the introduction of a new subscription model that allows subscribers, who until now acquired digital music by paying for each track and album individually; currently, Japan is largest music market in the world outside of the US.


GUESS? IN NEW MEXICAN JV

SAN FRANCISCO – 09/29/06 – Fashion marketer Guess? has inked a manufacturing and marketing joint venture agreement with Mexico’s Grupo Axo; the Mexico City-based company will engage in the production, wholesale distribution and retail sale of Guess? fashion apparel, accessories and other related products throughout the country.


GOOGLE BELGIUM TAKEN TO COURT

BRUSSELS, Belgium – 09/20/06 – Internet search engine Google has been ordered to cease reproducing articles from French-language publications in the news sections of its Belgian website; the court order threatens the company with a fine of $1.3 million daily if it does not comply.


NEW OAKLAND INTERMODAL FACILITY PLANNED

OAKLAND – 09/11/06 – The 425-acre former Oakland Army Base will be converted into the Port of Oakland’s newest intermodal rail yard under the terms of an agreement reached between the port and several local and state government agencies; the planned OHIT – or Outer Harbor Intermodal Terminal – is expected to significantly reduce container transfer times, increase throughput, and reduce truck traffic in and around the port when completed within the next several years.


INTEL MAY LAYOFF THOUSANDS

SANTA CLARA – 09/04/06 – Chipmaker Intel is reportedly planning to announce a massive layoff within weeks that could eliminate as many as 10,000 jobs or one-tenth of the company’s total global workforce; the move was spurred by several financially disappointing quarters and the results of an internal corporate analysis conducted in April.





 


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