No more empty trains: China tightens rules on subway expansions to curb debt
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Source: South China Morning Post
Published: 2025-12-29 13:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Transport, Asia, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Rich hubs, including Ningbo and Suzhou, are hitting regulatory roadblocks as the central government prioritises fiscal discipline over infrastructure-led growth
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