Yang Cheng Evening News reported that three high-speed railways in Guangdong Province stopped or postponed construction work and entered the “winter sleep” phase in advance due to an interruption in the chain of financing. It has been reported that China’s Ministry of Railways owed 130 billion yuan (over US$20 billion) to the construction company. Some peasant workers have not received their wages for more than half a year.
Source: Yang Cheng Evening News, October, 27, 2011
http://www.ycwb.com/epaper/ycwb/html/2011-10/27/content_1241444.htm