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Mexico Cancels High-speed Train Deal With Chinese

Mexico has withdrawn a multibillion-dollar deal with a Chinese consortium to build the country's first high-speed passenger train. Mexico revoked the $3.74 billion contract with the China Railway Construction Corporation on Thursday after complaints from lawmakers about the bidding process. China Railway was the only firm to submit a bid. The Transport Ministry said a new auction for the contract will be held. The date of the auction was not immediately clear. Mexico has...

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