InvestSMART

China moves to fix trains

China has unveiled a plan to dismantle its rail ministry as the nation's new leaders pare bureaucracy and battle graft in a department that has more than 2 million employees and a debt load larger than Denmark's economy. The Ministry of Railways will be split into two, according to a report signed by Premier Wen Jiabao, delivered to the National People's Congress in Beijing.
By · 11 Mar 2013
By ·
11 Mar 2013
comments Comments
China has unveiled a plan to dismantle its rail ministry as the nation's new leaders pare bureaucracy and battle graft in a department that has more than 2 million employees and a debt load larger than Denmark's economy. The Ministry of Railways will be split into two, according to a report signed by Premier Wen Jiabao, delivered to the National People's Congress in Beijing.
Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.