China to spend over $100 BILLION on railways next year ...News

As part of its strategic goal of building a nationwide high-speed rail network, Beijing plans to invest about 800 billion yuan (US$114.36 billion) on the expansion of the country's railways in 2020. According to China’s Ministry of Transport (MOT), 1.8 trillion yuan might be spent on roads and waterways, and about 90 billion yuan on civil aviation. The country will strive to cover 98 percent of its countryside with delivery networks. Also on rt.com China doubles down on infrastructure projects as trade war with US drags on According to MOT data, China’s

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