Claim: The China Railway Group Limited listed A shares and H shares on the stock exchanges in 2007, and began an 800 million USD high speed railway project through the agriculture belt in Venezuela.
Evidence: China Railway Group Limited known as CREC (the acronym of its predecessor and parent company China Railway Engineering Corporation) is a Chinese construction company which floats in Shanghai and Hong Kong stock exchanges. In November 2007, CREC announced that it would be listing A shares and H shares on the Shanghai and Hong Kong respectively. In support of a cross country railway building boom in Venezuela, CREC began construction in 2009 of the Anaco-Tinaco railroad, an 800 million USD project to building a 471 km high speed railway line through the agriculture belt.