Alstom doesn't fear industry slowdown
By Liu Yiyu | China Daily | Updated: 2012-06-06 07:10
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A high-speed train at Beijing South Railway Station. Some experts forecast that 1.2 trillion yuan ($190 billion) could be invested in national urban mass transit by 2015. As many as 28 Chinese cities are now operating or constructing urban mass-transit lines and more are applying to have such projects approved. Nelson Ching / Bloomberg |
Transport giant expects to see boost from rapid development of transit lines
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