The Business Times
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China's Premier Li helps to push railway profits to new record

Published Mon, Mar 30, 2015 · 09:50 PM

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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Transport & Logistics

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