German railway company Hanagarth plans to set up purchasing offices in Beijing to strengthen cooperation with China's CSR and CNR Corporations.
German's Frankfurter Allegmeine Zeitung reported yesterday that in the next 3 to 5 years, China will play an important role in locomotives and spare parts procurement for German railways.
The Chinese government has vigorously promoted its railway industry exports and will provide loans to Germany to support the export of high-speed rail trains.
China may soon import high-speed railways to German to be licensed by the German railway sector.
China's CSR and CNR railway companies hope to export Chinese high-speed rails to Western industrial companies. China's production capacity could meet the needs of half of the global locomotive market.
Traditional German rail supplier Siemens has said that it will actively respond to its new Chinese competitors.
Source: inews.qq.com
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Keywords: China high speed rail China CSR CNR Germany high speed rail
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Calling buying spare parts "China's High-Speed Rail May Come to Germany" is rather shameless bragging, something China seems to be very good at. Why are these people so keen to tell the world they have neither self-repect nor self-esteem?
Jun 04, 2015 17:15 Report Abuse
This is absolute garbage. Why on earth would Germany need or want Chinese technology?
Jun 03, 2015 23:39 Report Abuse
There's a typo, proofreader(if he/she exists) needs replacing
Jun 03, 2015 00:38 Report Abuse
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