China hammers out rail restructuring: sources

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China hammers out rail restructuring: sources

BEIJING (Reuters) - China is likely to split its sprawling, scandal-plagued Railways Ministry into operations and commercial arms, two sources said, part of an overhaul of the bureaucracy as a new set of leaders takes charge in Beijing. In other plans, the government is also likely to set up a single regulator for food safety, although details are still being finalized. The changes will address long-standing inefficiencies. The Ministry of Railways has a reputation for insularity and corruption. ...

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