24.11.2015, 00:12
Fitch: China Expressway Operators' Revenue Growth Stable, Despite Slowing GDP
OREANDA-NEWS. November 24, 2015. Fitch Ratings says today in a new report that the 2015 and 2016 aggregate revenue of its rated Chinese expressway operators - including Anhui Transportation Holding Group Company Limited (BBB+/Stable), Shenzhen Expressway Company Limited (BBB/Stable), and Yuexiu Transport Infrastructure Limited (BBB-/Stable) - are likely to continue increasing in the single digits, despite slowing GDP growth in China.
Revenue growth will be supported by rising private-car ownership in China and the nationwide implementation of a toll-by-weight system for trucks at end-June 2015.
The report "China Expressway Dashboard - Nov 2015" is available at www.fitchratings.com or by clicking on the link in this media release.
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