01
Feb
01:30
China's railway investment drops on-year
Although infrastructure has been a key means of stimulating the China economy, annual railway fixed asset investment fell again in 2022 and hit a nine-year low.
China State Railway Group Co., Ltd. stated that China invested CNY 710.9 billion in the railway sector last year, down 5.1% on-year. The funds ensured the completion of 4,100 kilometres of new railway lines, of which 2,082km was high speed railway.
The above annual railway construction required about 23.6…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous