(MENAFN) China's train network has facilitated the migration to cities that has done so much to fuel China's development, as well as laying the foundation for rising property values further than the first-tier cities.
As part of China's recent fiscal stimulus, there will be even more railway construction, thus railway firms are already among the biggest recipients of several new Beijing initiatives.
Consumption and services were supposed to replace investment as the catalyst for growth; however, the latest spending would seem to be doing the opposite: adding annoying burden of debt suffocating the country.
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