Independent journal on economy and transport policy
01:43 GMT+2
China Merchants Sells Road Stakes for HK$928.8 Million
(Inside China Today)
July 12, 2000
HONG KONG, Jul 12, 2000 - (Reuters) Red chip conglomerate China Merchants Holdings (International) Co Ltd said on Wednesday that it is selling 40 percent of its toll road assets in Guangxi, China for HK$929.83 million in cash.
The company, backed by China's State Council and linked to China's Ministry of Communications, which regulates transportation, is ...... Read more on Inside China Today
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