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: Railroads
White House Warns Against Chinese Investment, Citing Risk of Further Sanctions
Economic and security officials warned a federal fund against putting retirement savings in China at “a time of mounting uncertainty” for the relationship.
Commuting, and Confronting History, on a Remote Canadian Railway
The Tshiuetin line, the first railroad in North America owned and operated by First Nations people, is a symbol of reclamation and defiance for the communities it serves.
As Canada’s Frustrations Grow Over Rail Blockade, Trudeau Gets Heckled
Canada’s prime minister rejected calls to use force against Indigenous protesters opposed to a pipeline. An opposition leader asked: “Will our country be one of rule of law or one of rule of mob?”
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.
Canadian Police Move Against Pipeline Blockades, Arresting Dozens
The protesters, lending support to an Indigenous campaign against a natural gas pipeline, brought rail service and ports to a halt.
Storm Ciara, or Sabine, Leaves 5 Dead in Europe
A powerful winter storm battered Europe on Sunday, leaving power outages, transportation chaos and at least five deaths in its wake.
As Rail Strike Upends Holiday Plans in France, a Fight Over Blame
With no Christmas truce in the long strike, many travelers can’t get to family gatherings, and the government and unions are pointing fingers at each other.
The Nightjet: A Big Bet on Train Travelers Who Take It Slow
While other European rail lines have reduced their overnight train services, Austria’s state-owned system is investing in its own.
French Strike Aims to Save an Envied, but Convoluted, Approach to Pensions
In France, train drivers can retire at 52, public utility workers at 57 and ballet dancers at 42. President Macron calls the tangle outdated and unsustainable. A million French protesters disagree.