January 1, 2012
The urban transportation system in China is facing increasing pressure due to the rapid pace of urbanisation and motorisation. The rate of urbanisation in China has increased to 47 per cent in 2010, against 26 per cent in 1990, and is expected to reach 57 per cent by 2020.
January 1, 2011
Europe liberalised its international passenger rail market valued at USD15 billion in January 2010 to create an integrated European railway region. While the objective of liberalisation...