Source: China – South China Morning PostWork is expected to get under way this year on one of the world’s most ambitious rail projects with the launch of a state-owned company to oversee construction and operations of a line that will link Hotan in Xinjiang and Lhasa in Tibet.
The Shanghai Securities News reported on Friday that Xinjiang-Tibet Railway Company had been formally registered with 95 billion yuan (US$13.2 billion) in capital and wholly owned by China State Railway Group.
According to the registration, the company’s…Read More