http://www.dailytech.com/article.aspx?newsid=19268
"Researchers at the Chinese Academy of Sciences and Chinese Academy of Engineering (CAE) reportedly are preparing a record-shattering 1,000 kilometer per hour train, according to the Beijing Times.
The new trains will make use of a vacuum tube to reduce friction losses. They will first build a prototype vacuum magnetic suspension train capable of traveling between 500 and 600 kph. That gives it a shot at breaking the record set by Japan's JR-Maglev train, which achieved a speed of 581 km/h (361 mph). The record for a traditional railed train was set by France's TGV at 574.8 km/h (357.18 mph)."