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10 May
04:48

China’s railway investment grows 10.5% over January-April

China’s railway investment continued to grow through April after a rebound in 2023, and the growth rate even accelerated, according to data from the China State Railway Group Co., the investment and operating entity for railways in China. Over January-April, fixed asset investment in the industry reached CNY 184.9 billion ($25.6 billion), up 10.5% from the same period in 2023. In April alone, this implies an investment of CNY 60.1 billion, up just 0.8% over…
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