Hong Kong, March 08, 2016 -- Moody's Investors Service says that the Chinese government's (Aa3 negative) plan to continue spending strongly on railway construction in 2016 is credit positive for China Railway Construction Corporation Limited (CRCC) and supports its A3 issuer rating; the A3 rating on the senior guaranteed perpetual securities issued by CRCC Yupeng Limited and guaranteed by CRCC; and the A3 rating on the bond issued by CRCC Yuxiang Limited and guaranteed by CRCC.
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