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Beijing reins in high-speed rail construction; global financial pressure slow capital flows to China

     SinoInsight  1      On March 29, the General Office of the PRC State Council released a new notice regulating railway planning and construction (“Opinion on Further Doing a Good Job in Railway Planning and Construction,” or 關於進一步做好鐵路規劃建設工作的意見). The notice pointed out that railway construction in some areas are “one-sided pursuits of high standards, high-speed/low …

Read moreBeijing reins in high-speed rail construction; global financial pressure slow capital flows to China

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