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China Confidential - Premium Investment Insight

Update Alerts

New project approvals announced

06 September 2012

China’s National Development and Reform Commission (NDRC) yesterday announced an Rmb800bn investment in 25 new urban rail projects. Today, a further 20 new projects were reported to have been approved, encompassing highways and ports. Several factors, including the recent fall in commodity prices, the uptick in local government land sales and the raising of the 2012 railway investment target, makes us cautiously optimistic about these announcements. 

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