Russian Railways, which will need to cut spending next year and seek about US$6 billion in loans, has asked China to help develop rail links from the Pacific Ocean to Europe.
Vladimir Yakunin, president of state railway monopoly RZhD, said China had reacted positively to an offer to join RZhD's venture with Deutsche Bahn to carry out the project, the agencies quoted him as saying.
The project to link rail systems from the Pacific coast to Western Europe is in the early planning stages. A test run of several rail wagons from the Beijing to Hamburg in Germany was organised in January with the participation of RZhD.
CargonewsAsia
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