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China Railway wins a new line deal

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China Railway Group Ltd, Asia's biggest construction firm, won a 5.08 billion yuan (US$743 million) station-construction contract for the Shijiazhuang-Wuhan railway line.

The contract is equal to about 2.8 percent of the firm's operating income in 2007 under Chinese accounting standards, it told Hong Kong's stock exchange yesterday.

(Shanghai Daily October 14, 2008)

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