Deliveries of new cars suspended following rail delays

SHANGHAI - A Chinese bullet train manufacturer said on Wednesday it has been told to stop shipments after a series of delays on the new high-speed rail link between Beijing and Shanghai.

China's railway ministry ordered the halt after problems with high-speed trains manufactured by a unit of listed company China North Locomotive and Rolling Stock Corp (CNR), the company said in a statement to the Shanghai Stock Exchange.

The move came after 40 people died and nearly 200 others were injured in a crash near the city of Wenzhou last month. The incident raised concerns over the safety of the nation's quickly-expanding high-speed rail sector.