Caixin (Chinese media) with the report:
- Beijing has ordered a halt to work on two high-speed rail projects with total investment of 130 billion yuan ($20 billion) in Shandong and Shaanxi provinces, signaling concern over growing local government debt.
Work on the Shandong project was suspended last month, Caixin has learned.
- A person close to the Shandong rail system told Caixin that work on the Jinan-Zaozhuang line was halted partly because a section of the line was too similar to a stretch of the Beijing-to-Shanghai high-speed rail line that has operated for years.
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Huh. That last point is interesting. Sounds as if it was a make-work project?
