After three years of declines, official data for this year is expected to show that Beijing has significantly ramped up spending in the railroad sector
Train line investment has been a trusted way to improve growth, but the plan runs counter to Beijing’s efforts to reduce debtBEIJING—To re-energize its slowing economy, China is turning back to an old growth engine: rail investment.
After three years of declines, official data for this year is expected to show that Beijing has significantly ramped up spending in the sector.To Read the Full Story
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