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But Yang said downside risks should be monitored, citing the complexity of the trade friction with the US. "Policymakers should focus on fostering a pro-business environment featuring fair competition and respect for property rights."

But Rail, Tram and Bus Union (RTBU) NSW Secretary Alex Claassens said while he understands the frustrations "we're urging commuters to try and keep their cool and show respect for workers during this difficult time," he said in a statement, adding that the RTBU would launch a full investigation into how the derailment occurred.

But in fact, only 1.5 percent of US foreign investment goes to China, he said, using a slew of diagrams at the presentation.

But Reitermann believed learning the value of brand building takes time: "It will probably take Chinese companies another 10 years to get there."

But Paul Dyson, president of the Rail Passenger Association of California and Nevada, a nonprofit that has been promoting passenger rail since 1977, had reservations. He supports the high-speed rail system, but said construction should start in the densely populated Los Angeles area. He also said it's not clear what the governor's intentions are.