China Investing $445bn (AUD) in Rail System
Travel Talk
16 years 2 months ago
China investing AUD $445bn ($277 billion USD) in their rail system:
http://www.news.com.au/story/0,23599,24551437-38197,00.html
CHINA will invest nearly $A445 billion in its overburdened rail system as a stimulus measure aimed at blunting the impact of the global financial crisis.
The investment is part of plans to extend the country's railway network from the current roughly 125,502km to nearly 160,900km by 2010, Shanghai's Oriental Morning Post reported.
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