2010/12/15

"Rail Container to boost trade with Russia" from South China Morning Post

"Rail Container, the joint venture between Russian state-controlled TransContainer and China Railway International Multimodal Transport, which comes under the Ministry of Railways, was launched on Monday. TransContainer owns 50 per cent plus one share of the joint venture, while the Chinese partner owns the rest. On the same day, Russian Prime Minister Vladimir Putin announced plans for a US$14 billion extension of the Trans-Siberian Railway that will increase trade with China, according to Russian media reports."

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