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ASIANS (ET)

Coronavirus: China reports surprising rail freight growth in February despite factory activity tumbling

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China’s official railway operator has said that rail freight rose in February, despite the coronavirus outbreak forcing large parts of the country into lockdown, and the official purchasing managers’ indices for manufacturing and services tumbling to all-time lows.China Railway, the state-owned railway operator, said in a statement on Sunday that total railway freight amounted to 310 million tonnes in February, a rise of 4.5 per cent from a year earlier, just a day after the National Bureau of…



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