CNR, CSR merger likely to rattle global competition
Foreign rolling stock makers like Alstom and Siemens have good reason to feel nervous over the anticipated merger of China's two leading train makers, China CNR Corporation and CSR Corporation, analysts say.
via South China Morning Post - Business feed http://www.scmp.com/business/china-business/article/1627139/cnr-csr-merger-likely-rattle-global-competition