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19 Jun
09:40

China’s railway investment accelerates over January-May

China’s railway investment continued to grow rapidly over January-May this year and remained a driving force of infrastructure steel demand growth, according to data from the China State Railway Group Co., the investment and operating entity for almost all railways in China. In the first five months of the year, national railway investment grew 10.8% from a year earlier to CNY 228.47 billion ($31.48 billion). The pace accelerated further from 10.5% registere…
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