China's railways

China fires railway officials for “trash” projects

Another scandal is testing investor confidence in China’s troubled railway industry, but one rail company is nevertheless pushing ahead with a $2.3 billion Shanghai IPO.

<div style="text-align: left;"> How China used to build bridges (Bilderberg) </div>

Lillian Liu

November 15, 2011

China has fired at least 10 railway officials over a sub-standard Rmb2.3 billion ($360 million) construction project that involved bridges filled with trash instead of concrete, and builders without any relevant experience, including one team led by a cook.

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