Fosun Group invests $6.9b to own large pie in China's high-speed rail project

Fosun Group invests $6.9b to own large pie in China's high-speed rail project

Visual from the website.

Fosun Group said it will become the first private Chinese company to own a bigger stake than the government in a high-speed railway project, after agreeing to invest in a 46.2 billion yuan ($6.9 billion) venture.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter