Strong sales at China’s biggest construction equipment maker show Beijing’s strategy for recovery after the virus. But while the company, XCMG, is prospering, the rest of the economy is struggling.
Tag: High-Speed Rail Projects
Boris Johnson Backs HS2, U.K.’s $130 Billion Railroad Plan
The high-speed rail project is hated by many in the prime minister’s Conservative Party. But it could be a symbol of his commitment to new supporters in northern England.
For the Eurostar Tribe, Brexit Could Make Brussels Feel Even Farther Away
The high-speed rail link was once the locomotive embodiment of the ideal of a border-free Continent. But Britain’s withdrawal from the E.U. leaves the service facing an uncertain future.
Italy’s Parliament Backs Rail Link as Nationalist League Party Comes Out on Top
The issue had threatened to splinter Italy’s governing coalition. The League’s partner, the Five Star Movement, had opposed the project.
Times Insider: How Our Former Beijing Bureau Chief Found Himself on a Bullet Train in Saudi Arabia
There was a certain dissonance in the fact that the ruling Communist Party of China, officially atheist and repressive toward the country’s Muslims, had helped build a railway connecting the holiest sites in Islam.
With Interest: The Week in Business: Saudi Arabia Turns East, and Trump and Kim Meet Again
Plus, what a sneaker says about college sports, and questions about the next step in building wireless networks.