China National Transportation Equipment & Engineering Co. (CTC)

Trade risk

China.

Summary

China's National Transportation Equipment & Engineering Co is close to agreeing with Tehran on a $3 billion railway project to connect the capital with the northeastern holy city of Mashhad, a Chinese source familiar with the talks told Reuters. (Reuters, “Big Guards-owned company may lose out as Iran economy, politics shift,” 5/26/2016) (http://www.reuters.com/article/us-iran-construction-politics-idUSKCN0YH0QM)

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