Graeme Train, China commodities analyst at Macquarie, sees that as a positive, but also notes the data need to be treated with caution.
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The U.S. track team will train in China ahead of the games, in the northeastern city of Dalian, where the air is cleaner.
Ironically, despite the notion that China was a runaway train, the iShares FTSE Xinhua only recently started posting gains and is up a modest 0.5% YTD.
The financial difficulties of the Railways Ministry have begun to affect state enterprises, such as China CNR Corporation, a train maker.
Mintz first traveled to China in the mid-1980s to train in martial arts, which is how he met Wu.
Mintz first traveled to China in the mid-1980s to train in martial arts and met Wu Bing, a former gymnast.
When I returned home from my China adventure, highlighted by a bullet train ride between Shanghai and Hangzhou, I met with similar skepticism.
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"I want to train the next-generation leaders of China in math, " he says.
China already has the world's fastest long-range passenger train (the "Harmony" averages 220mph on the Guangzhou-Wuhan route, compared with 170mph for France's TGV), and soon expects to have the world's largest high-speed rail network too.
The squad will train in Las Vegas from 20-25 July before heading to China for warm-up games against Turkey, Lithuania, Russia and Australia.
The train was travelling from Mandalay to Myitkyina in the north, near the border with China.
To plug labor shortage gaps and train workers, Foxconn has brought in a number of workers from a plant in Shenzhen, in southern China, and another in the central city of Zhengzhou, it said.
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