Thailand approves $5.2bn for delayed China rail project

Thailand's military government on Tuesday approved $5.2 billion to build the first stretch of a high-speed railway that will ultimately link Bangkok to southern China, a massive joint infrastructure project with Beijing that has been dogged by delays.The project is part of China's huge regional infrastructure plan to build a high-speed rail network connecting the southern city of Kunming with Laos, Thailand, Malaysia and Singapore."The Cabinet has approved phase one of the high speed railway...