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THE CHINESE RAILWAY.

Pekin, January 14. | A contract has been signed here vesting in the Chinese Government the constsruction and control of the Tients-in-Yangstze railway. European chief engineers advise upon construction, and European auditors watch the German and British botd holder' interests. The syndicate is compensated for surrendering the profits under the original agreement of 1899, and a five million five per cent loan is to be arranged at a price to China of 93. three million issuing in 1908. Two-thirds of the capital will be German, and onathlrd British, proportionately to the respective lengths of section,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TC19080115.2.16.15

Bibliographic details

Colonist, Volume L, Issue 12140, 15 January 1908, Page 3

Word Count
97

THE CHINESE RAILWAY. Colonist, Volume L, Issue 12140, 15 January 1908, Page 3

THE CHINESE RAILWAY. Colonist, Volume L, Issue 12140, 15 January 1908, Page 3