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Transportation Road and Rail

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  • Corruption Hits China’s High-Speed Railway Thursday, 24 Mar 2011 | 12:37 AM ET
    Workers assist at a construction site of the Chengdu-Dujiangyan railway.

    Investigators have found evidence that nearly $30 million of funds budgeted for China’s Beijing-Shanghai high-speed rail line was misappropriated last year, in another blow to the country’s scandal-plagued high-speed rail sector. The FT reports.