SILKRAILS.WORDPRESS.COM (GCTL8.com – FOCUSASIA MEDIA Ltd)

BEIJING, May 18 (FAM) – China Railway Corp, the world’s biggest railway operator by rail length, said it hopes to deepen its existing business relationship with e-commerce giant Alibaba Group Holding Ltd in pushing forward its mixed ownership reform.

General Manager Lu Dongfu said CRC is promoting the asset-backed securitization and equity financing of the railways sector and welcomed Alibaba’s participation, without providing further details.

 

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