Dalian Tielong Container Logistics has
made China's first purchase of a railroad line by a private company.
It completed the 134 million yuan (US$16.5 million) acquisition of
the 14 kilometer route after four months of negotiations. Private
Economy News reports that while similar deals have been attempted
in the past, this is the first one to be successfully completed.
Tielong will control the route until 2020.
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