Friday 20 Jul 2018 | 13:00 | SYDNEY
Friday 20 Jul 2018 | 13:00 | SYDNEY

Sentences that make your head spin

By

Sam Roggeveen

@SamRoggeveen

6 January 2011 10:29

Here's the FT on a Chinese plan to consolidate the country's two big railway equipment producers into a single entity:

Yet the idea faces opposition from the companies themselves and from other ministries, including the powerful central planning agency, which wants to maintain competition in the home rail equipment market.

In China, it seems, the central planning agency is the guardian of open markets.