HSR bidding down to two-horse race: where are the others?

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China and Japan are the only two countries left in the race to win the bidding for the massive high-speed rail transportation project that will link Kuala Lumpur to Singapore, said the klhighspeedrail.com portal.
However, the question we may ask is whether the other competitors seem to have simply accepted the fact that they are out of the race?
While most sources are pointing to Japan as the leading party in the bidding.
The Today Online portal in Singapore said Japan Rail, Japan Bank for International Cooperation and NEC Japan are the companies that are leading the bidding from Japan.
It also said it had been previously reported that Hong Kong’s MTR Corporation was also interested in partnering with China Railway Corporation to bid for a contract.