Is expected to reach an amicable conclusion in 2019 and that would result in a rally for its market, both Chi and Vaugeois agreed. The government has worked to earn back the confidence of investors by stimulating the economy, offering cuts to VAT, corporate and personal taxes and by investing US$900 billion in a new infrastructure program which encompasses several light rail and subway projects. Chi recommends CRRC Corporation Limited, the country largest locomotive and light rail train manufacturer, as it stands to benefit most from these projects.
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