Tomorrow’s Manufacturing: China or the US?

The US has steadily been bleeding manufacturing jobs to China for 15 years. China builds toys and electronics bound for American shelves. Now China is poised to expand its manufacturing dominance into new areas such as renewable energy and large-scale infrastructure projects like bridges and rail. But some American companies and business analysts are saying: Not so fast.

Europe’s high speed rail

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President Obama’s stimulus plan includes billions of dollars to help jump-start a new network of high-speed trains. But the future of rail is already a reality in other parts of the world, including Japan, China… and… as Kathleen Schalch reports, the European Union.

Maps of planned US system and high speed rail links in Europe