Photographer: Qilai Shen/Bloomberg

E-Commerce Puts Once-Troubled China Railway Bonds on Track

  • Alibaba-led online shopping boom raises transportation volume
  • ‘It boils down to the boom of the new economy,’ Invesco says

Railway bonds in China, rocked by crashes and corruption probes five years ago, are among the best performing local corporate notes in 2016 as investors bet on support from a government seeking to develop a high-technology, service economy.

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