Experts have seen it coming for a long time now. The biggest manufacturer of rolling stock in the world, Chinese CRRC is ready to enter the most regulated market for rolling stock: Europe. It does that in small steps, from East to West, with innovative products, requiring serious R&D investments for construction and authorization.
CRRC now has a subsidiary for European affairs and marketing in Vienna; it has built hybrid shunters for Deutsche Bahn, passenger trains for the Czech Republic and freight locomotives for Macedonia; It even wants to take over a complete factory – all recent examples of the unprecedented ambitions of the Chinese railway industry in Europe. Next one to ‘buy Chinese’: Rail Cargo Hungaria.