WASHINGTON (Reuters) – China’s CRRC, the world’s top passenger train maker, was slammed by U.S. lawmakers during a hearing on Thursday to limit the world’s top passenger train maker’s access to U.S. projects amid security fears.
CRRC Corp Ltd has launched a charm campaign in the United States as it seeks to secure a Washington D.C. metro car contract worth over $500 million, after roaring into the American passenger rail market by dramatically underbidding foreign rivals.
Concerns - CRRC - Sights - US - Freight
Concerns CRRC could soon set its sights on the much more lucrative U.S. freight market and use its railcars to spy on passengers have prompted a series of legislative proposals. A bipartisan bill unveiled in the U.S. House this week, which mirrors one proposed in the Senate earlier this year, would prevent transit agencies from spending federal dollars on projects awarded to CRRC.
At a House hearing on state-owned enterprises and rail, Phillip Washington, chief executive of Los Angeles County Metropolitan Transportation Authority, was asked by Arkansas Republican Rick Crawford if...
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