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This is totally fine if you want to destroy foreign and indeed domestic investment. The China Railway Corporation has $859 billion in debt, twice that of Evergr
by adammarples 2y ago
This is totally fine if you want to destroy foreign and indeed domestic investment. The China Railway Corporation has $859 billion in debt, twice that of Evergrande, which was a disaster.
- inglor_cz 2y agoWow. That is a shocking number. Do you have any interesting reading material on the indebtedness of Chinese railways? Is the system unitary, e.g. the owner of the track also owns all the trains? Or is there a competition?