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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI POLICY: China Greenlights CNY474Bn Guangdong-HK-Macau Link
China has approved the initial phase of a rail plan linking Guangdong with Hong Kong and Macau, with near-term investment amounting to CNY474 billion with a 50% capital outlay, a statement on the National Development and Reform Commission website stated Tuesday.
With new railway lines totaling 775 kilometres, the initial plan will host 13 intercity rail projects and five transportation hubs, linking airports in Shenzhen and high-speed rail stations in Guangdong, among others, the statement said.
By 2025, China plans to have 4,000 km railways linking all the cities in the Greater Bay Area, ensuring traveling time within all major cities at one hour, the NDRC said.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.