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Attracting capital for railway development in China (English)

China Railways Corporation (CRC) is considering new ways to attract capital to support the strategic development of the railway sector. Currently, government is the predominant equity financier, with debt being supplied by domestic bank credits and limited amounts borrowed from International Financial Institutions such as the World Bank and Asian Development Bank. Considering its high level of accumulated debt and liabilities (RMB 3.7 trillion on...
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Lawrence,Martha B.; Ollivier,Gerald Paul.

Attracting capital for railway development in China (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/370861468184791230

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