Report of China rail section collapse jolts shares | CHINA US Focus
Get Adobe Flash player

CHINA US Focus - Perspectives shaping the world's most important bilateral relationship

FOLLOW US

Report of China rail section collapse jolts shares

Elaine Kurtenbach, Associated Press
March 12, 2012
Share on FacebookFACEBOOK
Share on TwitterTWITTER
WEIBO
GOOGLE+
Part of a high-speed railway line that had already undergone test runs collapsed in central China following heavy rains, state media reported Monday, jolting railroad shares and reviving worries over safety.
 
The official Xinhua News Agency and other reports said a 300-meter (984 feet) section of the railway line had collapsed, but mentioned no casualties or other details. It said hundreds of workers were rushing to repair the line between the Yangtze River cities of Wuhan and Yichang.
 
The reports of the accident Friday near Qianjiang city in Hubei province, the latest since a bullet-train crash last summer that killed 40 people, rattled share markets in Hong Kong and Shanghai, where major railway company stocks dropped on the news.
 
Read Full Article HERE

Related Articles

The Powerful People Arguing for U.S.-China Free Trade

05/23/2013 Peter Coy, Bloomberg Businessweek

North Korea says willing to take China’s advice to start talks

05/23/2013 Ben Blanchard and Sui-Lee Wee, Reuters

Hackers Find China Is Land of Opportunity

05/23/2013 Edward Wong, New York Times

Markets Rattled Amid Fears of Slowdown in Asia

05/23/2013 Bettina Wassener and David Jolly, New York Times

North Korean Leader Sends Envoy to China

05/22/2013 Choe Sang-Hun, New York Times

News by Date

May 2013
M T W T F S S
« Apr   Jun »
 12345
6789101112
13141516171819
20212223242526
2728293031  

This week in China-US Focus

Sign-up for e-mail newsletters and alerts and get the news you need delivered directly to your inbox.

Real Time Web Analytics