SEPTA cancels $185 million Chinese contract for double-decker Regional Rail cars

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Bob

Forum Host
Staff member
This is a pretty big development. Not only does it impact the SEPTA delivery, but there are also other transit agencies with orders from China Railway Rolling Stock Corp. Additionally there is some concern that CRCS is funded by the Chinese Government.

"Along the way, those deals have become embroiled in tensions between the United States and China over trade issues and national security.

American officials — and rival companies — complain that CRRC’s government ownership enables it to underbid competitors for public contracts by setting artificially low prices."



 



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