(Source: wordpress)
Which isn't saying much, but it's a start...

The Argentinian government recently received a loan of $10 billion from China Development Bank in order to begin the construction of a new metro and railway system. 

This comes as a bit of a surprise, considering China's embargo on imports of soybean oil from Argentina as of late, where antidumping measures have caused quite a dispute between the two. Argentina seems to be tweaking production to meet Chinese standards now, and due to China's interest in Argentinian farmland, both countries remain interested in working with one another. In fact, building the high-speed rail for Argentina means China can easily access the farmland in a "cost-efficient" way, and Argentina is able to obtain the new technology through China's loan.

"Thanks to talks between Presidents Cristina Fernández de Kirchner and Hu Jintao, Argentina will receive $4.35 billion to renovate three freight railroad lines, including $1.85 billion to improve conditions on the Belgrano Line, which links the country to Bolivia and is an important link for the nation's agricultural producers," said Yonah Freemark of the Transport Politic

In addition, China will commit over an additional four billion dollars to the Buenos Aires Subway and the development of a four-corridor Metro in Cordoba. Argentina has agreed to match 15 percent of the loans they receive.

China is certainly in a position to loan countries money around the world, especially for transportation-related projects like railways since China is the number one leader in high-speed railways in the world. The country recently completed the Hongqiao Station, which lies over the Beijing-Shanghai High-Speed Railway line (and now has a solar station as well), and the Wuhan Station, which is over the Wuhan-Guangzhou High-Speed Railway. 

So far, China has invested $259 billion in high-speed rails for their own country, and plans to spend a total of $1 trillion by 2020. This kind if investment leaves America far behind with its own investment of $13 billion. While the United States continues tinkering with carbon solutions like "carbon-credits", China will be on the fast track (literally) to both decreasing carbon emissions and increasing business productivity by cutting travel time through the development of high-speed railways.  

"If U.S. companies aren't able to provide adequate private sector support for construction programs, and if neither the federal government nor states themselves are able to develop infrastructure banks to advance such funding, foreign aid could be a realistic possibility," said Freemark. 

"It's okay. The scenarios aren't that clear. But it's good looking. [Steve Jobs] does good design, and [the iPad] is absolutely a good example of that." -- Bill Gates on the Apple iPad

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