FUZHOU, China, Nov.

By Briginshaw, David Asia with its strong economic growth represents great potential but also a huge challenge for rail transport. While rail has failed to meet the challenge so far, there are encouraging signs of change, as David Briginshaw reports.

China allocates 332 billion yuan to upgrade railways in 2007 BEIJING, Jan. 15 (Xinhua) -- China's Ministry of Railways has allocated 332 billion yuan (about 42.6 billion U.S. dollars) to railway construction and purchase of new vehicles in 2007 About 256 billion yuan (32.8 billion U.S.

Text of report in English by official Chinese news agency Xinhua (New China News Agency) Beijing, 8 October: Golden Week kept China's railways very busy.

By Anonymous CHINA'S Ministry of Railways (MOR) is to issue a record number of railway bonds in order to fund its massive investment programme.