Business and finance
ADB provides loan for new 944km Chinese railway
Asian Development Bank is lending US$300 million to help build a 944km railway aimed at promoting growth in the interior regions of China. It wil be the first railway to connect the Shanxi and Shaanxi provinces with the Ningxia Hui autonomous region. Total construction cost is put at more than US$3.7 billion and the project is due for completion in 2012.