Mexico cancels Chinese bullet train construction deal

Mexico abruptly withdrew on Thursday a multi-billion-dollar tender it had awarded to a Chinese-led consortium to build the country`s first bullet train.

Mexico: Mexico abruptly withdrew on Thursday a multi-billion-dollar tender it had awarded to a Chinese-led consortium to build the country`s first bullet train.

President Enrique Pena Nieto decided "moments ago to revoke the November 3 ruling and restart" the bidding process, Transport Minister Gerardo Ruiz Esparza told the Televisa network.

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