China to invest S$120 bln in new rail lines this year

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#1
Opportunities for some companies...

China to invest S$120 bln in new rail lines this year

BEIJING – China will spend more than S$120 billion on more than 6,600 km of new railway lines this year, the Xinhua news agency said, citing a senior industry official.

The general manager of the state-owned China Railway Corporation (CRC), Mr Sheng Guangxu, was quoted as saying that the bulk of the 630 billion yuan (S$132 billion) investment would be in the underdeveloped central and western regions.
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http://www.todayonline.com/business/chin...lines-year
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
mmm...
china railway....

with Xi eyeballing...
the easy money ??? gone?
buyer must be realistic


A Life not Reflected is a Life not Worth Living.
感恩 26 April 2019 Straco AGM ppt  https://valuebuddies.com/thread-2915-pos...#pid152450
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#3
Ho sey for Midas.
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