04.04.2014 10:58:00
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China Railway Construction Corp Ltd -- Moody's: Accelerated railway spending is credit positive for China Railway Construction
Hong Kong, April 04, 2014 -- Moody's Investors Service says that the announcement by the Chinese government that it plans to accelerate spending in railway construction is credit positive for China Railway Construction Corporation Limited (CRCC, A3 stable) because it will increase its revenue and earnings.