China Railway Group says the funds raised will be used to finance subway and expressway construction projects in five Chinese cities as well as to repay bank loans. Photo: EPA China Railway Group says the funds raised will be used to finance subway and expressway construction projects in five Chinese cities as well as to repay bank loans. Photo: EPA
China Railway Group says the funds raised will be used to finance subway and expressway construction projects in five Chinese cities as well as to repay bank loans. Photo: EPA

China Railway to raise 12b yuan

China Railway Group says the funds raised will be used to finance subway and expressway construction projects in five Chinese cities as well as to repay bank loans. Photo: EPA China Railway Group says the funds raised will be used to finance subway and expressway construction projects in five Chinese cities as well as to repay bank loans. Photo: EPA
China Railway Group says the funds raised will be used to finance subway and expressway construction projects in five Chinese cities as well as to repay bank loans. Photo: EPA
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