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16 Jul
04:52

China reports record high railway investment in H1

China’s railway fixed asset investment (FAI) in the first half of the year hit a record high for the same period in history. This was despite the year-on-year growth of year-to-date investment slowing down from January-May, according to data from the China State Railway Group Co. In H1, national railway investment grew 10.6% from the same period of 2023 to CNY 337.3 billion ($46.4 billion). The annual increase slowed slightly from 10.8% registered over Janua…
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