Rail to Play Crucial Role in Chinese Expansion Despite Crash

4:40 AM ET Mon, 25 July 2011

"There is no stopping the fact that high speed rail plays a very important part in China¿s expansion and urbanisation plans," Andrew Leung, founder & chairman of Andrew Leung International Consultants. told CNBC. However, he said in the short term China¿s railway disaster at the weekend would cast a shadow over China¿s railway industry.