(Money) Made In China - Part 2

Improved Tech For Improved Returns

CRRC, The Train Reaching Everywhere

1766.HK

P/E: 9.26

Div. Yield: 5.09%

Here the real gem is partially state-owned, with CRRC, the world's largest rolling stock manufacturer in terms of revenue. As it is a major supplier to Belt and Road projects for example in Kenya or, Argentina, I would not be too concerned that the build-up of railroads is mostly done d…