China Development Bank has said that it issued over 200 billion yuan (about 29 billion U.S. dollars) in loans to finance the construction of railway infrastructure in 2025.
The number represented a year-on-year rise of 27.8 percent, the state-owned policy bank said, noting that it prioritized China's advance in the construction of the high-speed railway network last year.
The bank said that the balance of loans for rail projects exceeded one trillion yuan for the first time last year.
China Development Bank's rail loan up 27.8 percent in 2025
The Iranian government on Wednesday released footage it says was of missile debris from the deadly school attack in Minab, Iran's southern province of Hormozgan, on Feb 28, providing fresh evidence that the United States military was behind the attack.
The video obtained by China Media Group (CMG) from the Iranian government shows that some of the fragments said to be from the missile are marked with detailed information, including the place of origin, manufacturer and serial number of the parts. Markings such as "Made in USA" and "Raytheon Company" can be clearly seen on the debris.
The United States has repeatedly denied carrying out the attack on the elementary school in Minab, where Iranian state media says at least 165 people were killed, most of them young girls.
Iran's Foreign Ministry spokesman Esmaeil Baghaei reiterated in an exclusive interview with CMG on Tuesday that the school was hit by missiles twice on Feb 28, with the second attack coming as rescuers gathered at the site, resulting in a large number of casualties.
Baghaei said the United States and Israel must be held responsible for such criminal acts.
The New York Times reported Wednesday that an ongoing military investigation has preliminarily determined that the deadly school attack was the result of a targeting error.
Officials briefed on the investigation told the newspaper that officers at the U.S. Central Command generated the strike coordinates using outdated intelligence provided by the Defense Intelligence Agency, leading to the targeting mistake.
The findings are preliminary, and key questions remain unresolved, including why the outdated information was not double-checked, officials quoted by the newspaper said.
Iran says new evidence proves U.S. behind deadly school attack
