20
Nov
08:52
China’s foreign railway investment gets major cash boost
The Export-Import Bank of China has extended a CNY 500 billion ($78.3 billion) credit line to China Railway to support its investments in projects outside of China. The company is a key plank in China’s ‘belt and road’ policy and is looking at lines in India, Indonesia Pakistan and elsewhere, Kallanish notes.
China’s plan to connect Southeast and Central Asia through infrastructure and other investments is one of the few areas o…
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Anonymous
Very good overview of the weekly steel market.
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