Railway investment is expected to fall this year as the government focuses on employment, education, social welfare and public health following the pandemic. Photo: Xinhua
Railway investment is expected to fall this year as the government focuses on employment, education, social welfare and public health following the pandemic. Photo: Xinhua

China’s railway investment loses steam as government turns from debt-fuelled building boom

  • China’s state railway company has vowed to improve the efficiency of its existing railway network this year, rather than continue expanding track mileage
  • Railway investment is expected to fall in 2021 as the government focuses on employment, education, social welfare and public health following the pandemic

Railway investment is expected to fall this year as the government focuses on employment, education, social welfare and public health following the pandemic. Photo: Xinhua
Railway investment is expected to fall this year as the government focuses on employment, education, social welfare and public health following the pandemic. Photo: Xinhua
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