Sunday 25 Sep 2022 | 21:51 | SYDNEY
Sunday 25 Sep 2022 | 21:51 | SYDNEY

Sentences that make your head spin


Sam Roggeveen


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.