December 25, 2018 / 7:20 AM / 3 months ago

China approves $8 billion high-speed railway project in Shaanxi province

BEIJING (Reuters) - China’s state planner said on Tuesday it has approved a high-speed railway project in the northwestern province of Shaanxi with a total investment of 55.16 billion yuan ($8.01 billion).

China has increased infrastructure spending in recent quarters to spur slowing growth in the world’s second-biggest economy.

Reporting by Beijing Monitoring Desk

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