As the railway develops, it will be much easier to move around in china and tourism will get a boost. Perhaps that is why Midas is having a great run recently ? ^_^
Thursday, 21 March 2013
China Railways
As the railway develops, it will be much easier to move around in china and tourism will get a boost. Perhaps that is why Midas is having a great run recently ? ^_^
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This travel blog about china railways prompts me to say :
if china floated off this railway system, either in shares or bonds form, would or could one go for it.
Given the high level of indebtness at local government level, the relatively high level of indebtedness in the private banking system ... there may be some opportunity.
Obviously, to float off this railway system requires money, and this money will come froim retained dividends.
There is a lot of infrastructure to build and/or to float off.