14 BUSINESS Monday, July 23, 2018 CHINA DAILY HONG KONG EDITION GOING GLOBAL Topnotch Chinese railway vehicles for world subbranch in Austria in 2016, Deal to supply opening itself to the conti locomotives to nent’s highend market through international acquisi Germany speeds tions and collaborations. Eager to further compete up CRRC unit’s with other established global rivals such as Siemens of Ger planetwide push many and Bombardier of Cana da, CRRC Zhuzhou built a $131 By ZHONG NAN million manufacturing facility
[email protected] in Malaysia’s Perak state in 2015, which is managed by “German trains always run CRRC (Malaysia) Railway Vehi on time” — that old saying cles and will act as the compa may soon be modified in the ny’s gateway to other member digital era to “MadeinChina states of the Association of trains in Germany always run Southeast Asian Nations. on time”. The plant is capable of man Hunanbased CRRC Zhuz ufacturing various types of rail hou Locomotive Co Ltd stud vehicles, from bullet trains to ied Germany’s obsession with masstransit trains and elec precision, strict schedules and tric locomotives. technical finesse before seal “Many countries have ing in late June a deal with unique or different require Deutsche Bahn to export 20 ments for railway projects. hybrid shunting locomotives. This makes it difficult for For the first time, Chinese them to selfdevelop railway wholevehicle rail transit products that meet their spe equipment will be exported to cific demands. China’s vast Germany.