A freight train passes through Mexico City. It's not difficult to understand what led the government to change its mind about the high-speed rail project. Photo: Reuters
Hu Shuli
Opinion

Opinion

Hu Shuli

Chinese companies must learn to price the risks accurately when 'going out'

Hu Shuli says the cancellation of CRCC's railway contract in Mexico underscores a flaw common to firms that rely too much on state favour

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A freight train passes through Mexico City. It's not difficult to understand what led the government to change its mind about the high-speed rail project. Photo: Reuters
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