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Chinese investment in railways dwarfs that in India. This is becauseJoint ventures i.e. of the government with provincial authoritiesMajor users such as coal mines are also a party in investmentsAllowed to issue debt and borrow from the market

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Chinese investment in railways dwarfs that in India. This is because<br>Joint ventures i.e. of the government with provincial authorities<br>Major users such as coal mines are also a party in investments<br>Allowed to issue debt and borrow from the market






 
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