China Spectator
China approves four railway projects PETER CAI 1 HOUR AGO ECONOMY CHINA China’s National Development and Reform Commission, the country’s economic planning agency, has just approved four more railway projects worth 66.2 billion yuan reports Caixin. The Commission has approved more than one trillion yuan worth of railway projects since the start of this year. Railway spending is seen as one of the most important levers for Beijing to stabilise its slowing economy.
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