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
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 economy

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

Topic |   China economy
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
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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