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China - Industry - Subway Car Assembly at China South Locomotive

Workers operate to assemble a subway car at the China South Locomotive & Rolling Stock Corp. Ltd. and Siemens AG's joint venture Rail Transit Equipment Base in Guangzhou, Guangdong Province, China, on November 13, 2011. At least 15 cities in China are building subway lines and 36 more have submitted plans, causing concerns that local debt levels will become unmanageable in the future.

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QS111113Guangdong009.jpg
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Qilai Shen
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Workers operate to assemble a subway car at the China South Locomotive & Rolling Stock Corp. Ltd. and Siemens AG's joint venture Rail Transit Equipment Base in Guangzhou, Guangdong Province, China, on November 13, 2011. At least 15 cities in China are building subway lines and 36 more have submitted plans, causing concerns that local debt levels will become unmanageable in the future.
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