Is it true that the Chinese company that makes electric bullet trains is a state company and thus cannot be?

Question by : Is it true that the Chinese company that makes electric bullet trains is a state company and thus cannot be?
taken over by foreign investors like GM can be?

http://en.wikipedia.org/wiki/China_Railways_CRH380A

1 http://www.youtube.com/watch?v=1FQwnGoG3FI

2 http://www.youtube.com/watch?v=BesG8uCyuSM

3 http://www.youtube.com/watch?v=VII1qOaFXI4

Best answer:

Answer by Daniel Sepulveda
GM could potentially buy out any Chinese company, but they would have to buy direct from the Chinese Government.

China is a communist country, which means that the Government owns pretty much everything, from bullet train manufacturers to dairies to shoe shops.

Give your answer to this question below!

Tags: , , , , , , , , ,

Comments are closed.

Subscribe to RSS feed

Dallas Cowboys vs. New York Jets    Watch Pittsburgh Steelers vs Baltimore Ravens live stream, NFL, week 1, 11.09.2011  Live TV Streams Discussions