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08 Aug
10:00

China’s railway investment growth stabilises in July

China's railway investment experienced a seasonal month-on-month decline in July, but year-on-year growth remained high, according to data from the China State Railway Group Co. In the seven months through July, national railway fixed asset investment (FAI) reached CNY 410.2 billion ($57.2 billion). This posted an annual increase of 10.5%, remaining roughly stable compared with 10.6% registered in the first half of the year. July standalone FAI was implied at…
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