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Critical Thinking

China Railway Corp expected to raise freight rates

According to South China Morning Post article, the heavily indebted China Railway Corp (CRC) expected to raise freight rates in order to relieve its massive debt burden and speed up market-oriented reform in the industry, which it monopolises. The rail freight rate in China may rise from 0.12 yuan (15.2 HK …

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Kazakhstan to launch 5 railway lines in 2014


Five high-speed railway lines will be launched this year in Kazakhstan, Minister of Transport and Communications Askar Zhumagaliyev said at a press conference in the Central Communications Service, on the 26th of December 2013. These are part of  the 2nd stage of the implementation of Kazakhstan’s  Strategy of Transport Sector Development …

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EBRD predictions for 2014

What does 2014 hold for the EBRD region, a huge expanse of territory stretching from Morocco in the West to the Pacific in the East and covering 34 countries? Sir Suma Chakrabarti, EBRD President Governments in the EBRD region will be under more and more pressure to deliver real reforms. History …

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World Bank Report: Benefitting from Growth – Sharing Prosperity in 11 Countries in Europe

STORY HIGHLIGHTS The European Union 11 (EU11) region is experiencing modest growth that is extremely diverse across countries, with growth in 2014 projected to be as high as 4.2% in Latvia and as low as -1% in Slovenia. The latest Regular Economic Report for the EU11 region provides relevant guidance …

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