With the rapid development of high-speed railways, China's high-speed railways are no longer limited to China's internal transportation field, and it is also a global hot issue.
Mexico in North America, due to its backward infrastructure, especially the backward rail transit system, urgently needs to introduce more advanced technology and capital to change this situation.
In view of this, Mexico** is conducting extensive exchanges with China, hoping to introduce China's high-speed train technology into the country, so that the country's rail transit system can be reborn.
After a lot of consultations and consultations, the two companies finally signed a contract worth up to $35 billion.
It is not only a huge update for Mexico's rail transit, but also a significant turning point for the development of China's high-speed trains on a global scale.
However, just when everyone hoped that the project would create a win-win situation for both China and Mexico, the Mexican side suddenly announced that it would terminate the cooperation.
This resolution caused a sensation around the world. The Mexican side claims that the cooperation agreement cannot be sustained due to the country's political and economic situation.
Although Mexico made some compensation, it was only a drop in the ocean compared to the total amount of the entire contract, only $8.1 million.
This result not only caused China to suffer significant economic losses, but also greatly damaged the trust between the two countries.
China's enterprises have responded quickly to this and expressed great dissatisfaction.
They feel that Mexico's unilateral breach of contract not only violates international rules, but also disrespects Chinese companies. China has claimed compensation from Mexico for this purpose and compensated it for all the damage it has suffered.
The accident also taught Chinese companies a lesson. While "going global", Chinese enterprises should also pay attention to the relevant laws and regulations, improve their duty of care and risk assessment capabilities, so as not to face the same embarrassing situation due to lack of understanding of partners.
For Mexico, the accident has greatly damaged its credibility in the world. "Honesty and trustworthiness" is the most important principle in the world. Mexico's move has led many people to question its credibility.
In the long run, there is still a lot of room for development in high-speed railways. However, the authorities on both sides of the strait should be more cautious and have more exchanges and cooperation to ensure the successful implementation of the project.
In this process, it is necessary to develop a strict coordination and enforcement system to ensure that the rights of all parties can be protected to the greatest extent possible to prevent the recurrence of such situations.
Only in this way can the common development of the China-Mexico high-speed railway benefit both sides and benefit the people of both sides.
Authors affirm: This content is a report generated by artificial intelligence feedback.