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China Railway gets US$7.5b global order

China Railway Group Ltd said it would consider undertaking a US$7.5-billion railway project contract won by its parent company in Venezuela, which would be the biggest overseas contract the railway builder has ever undertaken in its history.

China Railway 2007 profit up 92%

China Railway Group Ltd, Asia's largest construction contractor, said its 2007 profit soared 92.2 percent, helped by the building boom in the world's fastest-growing major economy.