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Japanese rail company eyes exports to cover maglev costs

JR Tokai's maglev train set a world speed record on April 21, traveling at 603kph on an experimental track in Yamanashi Prefecture.

TOKYO -- When Central Japan Railway's magnetically levitated train set a world speed record on Tuesday by zipping along an experimental track at 603kph, the project's chief promoter was in Dallas, Texas.

     Yoshiyuki Kasai, chairman emeritus of the train service operator, generally known as JR Tokai, was in the U.S. city trying to sell the company's shinkansen high-speed train technology to local government officials and investors.

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