Posts Tagged ‘thus’

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

Wednesday, August 29th, 2012

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.

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