China Specialist, Auto and Industrial Specialist

Victoria Li

Thematic (Sector/Industry)

<p>Spending on railway has been relatively lacklustre over the last 3 years.  After the correction in 2011 post the Wenzhou rail disaster China's spending on railways had an uptrend till 2015 when it reached around RMB 824bn. Since then the spending has flat lined over the past 3 years and this year the annual plan was for investment in railways to decline 8%y/y.</p><p>However there seems to be a change of thought on railway spending over the last month.  The latest State Council executive meeting and…</p>

Spending on railway has been relatively lacklustre over the last 3 years.  After the correction in 2011 post the Wenzhou rail disaster China's spending on railways had an uptrend till 2015 when it reached around RMB 824bn. Since then the spending has flat lined over the past 3 years and this year the annual plan was for investment in railways to decline 8%y/y.However there seems to be a change of thought on railway spending over the last month.  The latest State Council executive meeting and…

China Tentatively Turns on the Railway Spending Tap Again

China

Jinxi Axle Company Limited manufactures a variety of railroad axles. The Company sells its products worldwide.

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Jinxi Axle Co Ltd A (600495 CH)

China Tentatively Turns on the Railway Spending Tap Again

Spending on railway has been relatively lacklustre over the last 3 years. After the correction in 2011 post the Wenzhou rail disaster China's...

Victoria Li

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52-week Range

Market Cap (USDm)

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