China Railway Corp on 50b yuan shopping spree

The country's state-owned railway company will spend more than 50 billion yuan (HK$63 billion) in its first large-scale train purchases to meet rising transport demand even as the economy slows, Xinhua reported.

via Business feed http://www.scmp.com/business/china-business/article/1295178/china-railway-corp-50b-yuan-shopping-spree