OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
Chinese railways need a healthy dose of investment. But the government doesn’t want to pay, so it has opened the sector up to private investors, but without giving them the right to decide prices. No doubt, if allowed, foreign logistics companies would be interested, but as recent deals in Russia have shown, investing in some countries can be a complex affair, especially when there is state interference.