China's Premier Li helps to push railway profits to new record
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Hong Kong
ON HIS trips to Africa and other parts of the developing world, Premier Li Keqiang regularly touts the capabilities of China's railway companies. The pay-offs are beginning to show in record profits for the industry.
Four of China's biggest rail equipment and construction companies are poised for all-time high profits in 2014. With China's government seeking to export the expertise behind the world's largest high-speed train network, earnings are set to hit another high in 2015, according to data compiled by Bloomberg.
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