09.01.14
HS2 could get Chinese investment
China has pledged to invest in the UK’s HS2 project.
The Chinese Premier, Li Keqiang, has offered to invest directly in a proposal to build connections from the Birmingham Interchange station to the airport, as well as cities such as Coventry and Peterborough.
Downing Street is reported to have been surprised by the news, and stated that the majority of investment will come from British taxpayers.
The proposal would restore seven miles of track on the disused Victorian line between Hampton-in-Arden and Whitacre Junction in north Warwickshire.
Prime minister David Cameron, on his visit to China last month, said he would "welcome" Chinese investment in HS2.
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