The Ministry of Railways’ Debt Burden
by Nicholas Borst | August 22nd, 2011 | 12:05 pmOn July 23, China experienced a horrific train crash involving one of its flagship high-speed railway lines, leading to the death of 42 people and leaving another 190 injured. One question that has been raised post-crash is what the effect will be on the Ministry of Railways’ (MoR) finances.The MoR has taken on massive amounts [...]