Tag Archives: China Railway Corp

China’s most popular high-speed rail earns big in 2015

The Beijing-Shanghai high-speed railway, the darling of the country’s top operator China Railway Corp, earned 23.4 billion yuan ($3.5 billion) last year, with a net profit of nearly 6.6 billion yuan, the National Business Daily reported on Tuesday. Net assets of the company’s subsidiary that runs the route reached 131.2 billion yuan by the end of 2015, and the debt-to-assets

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