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Friday, December 26, 2014
ANBOUND: CSR-CNR Combination Resolves No Problem
ANBOUND

The combination of China South Locomotive & Rolling Stock Corp.(CSR) and China Northern Locomotive & Rolling Stock Industry Corp.(CNR) has achieved a new progress when Premier Li Keqiang is marketing China's high-speed rail overseas. For ANBOUND research team, retaining the two corporations separating could maintain a proper competition, their existence and development could be completely guaranteed by the growing markets both at home and abroad. There are other ways to preventing the two brothers slashing price overseas. Considering the disadvantages of Chinese companies such as lacking team-work spirit and cooperation strategies, simply combining them via administrative means and forcing them to list can not resolve the problem from root, the market probably will see new troubles.

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