RAILWAYS IN CHINA
FRENCH CONCESSION'S.
(Press Association.'—Copyright)
LONDON, Feb. 14
A French bank lias obtained a concesfrom the Chinese Government to construct a railway from Yanchow to Kungking, a distance of 1000 miles, at a cost of four millions. The preliminary agreement stipulates for an unconditional payment of £800,000,-whjch is virtually bargain money. British _ enterprise stands no chance unless it is similarly financed. ■ '
ANOTHER CONCESSION,
{Rec. Feb: 16, 9-5' a.m.} . PEKIN, Feb. 15,
By promising £BOO,OOO sterling bargain money the Franco-Chinese Industrial ißank obtained a concession to construct a railway from Yan-Cliong. via. Nanning,, Singyfil, Yunnanfu and Chunking. ' ,
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Bibliographic details
Nelson Evening Mail, Volume XLVIII, Issue XLVIII, 16 February 1914, Page 5
Word Count
98RAILWAYS IN CHINA Nelson Evening Mail, Volume XLVIII, Issue XLVIII, 16 February 1914, Page 5
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