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China turns to 3.5t yuan rail expansion to boost growth

Friday, December 30, 2016 - 05:50

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China plans to spend 3.5 trillion yuan (S$730 billion) to expand its railway system by 2020 as it turns to investments in infrastructure to bolster growth and improve connectivity across the country.

Beijing

CHINA plans to spend 3.5 trillion yuan (S$730 billion) to expand its railway system by 2020 as it turns to investments in infrastructure to bolster growth and improve connectivity across the country.

The high-speed rail network will span more than 30,000 kilometres under

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