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China on track in Russia

By Zhao Yinan and Fu Jing in Moscow and Zhao Lei in Beijing | China Daily | Updated: 2014-10-14 08:04

High-speed rail deal part of agreements worth $10 billion

China will take a decisive stake in the next stage of Russia's transportation development, with Chinese companies building the country's first high-speed rail line. The agreement formed part of joint deals worth $10 billion being signed on Monday.

Chinese firms and their Russian partners will hold talks on design, financing, supplying facilities and construction of a 770-km high-speed line connecting Moscow and Kazan, an important metropolis on the Volga River.

China on track in Russia

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