General Electrics and CSR in HSR Joint Venture

China and CSR is aiming for US market for High-speed Trains. With the JV signed with GE in december last year, CSR can solve the “Buy America” obstacle and also minimize the risk of lawsuits of IP infringements. For GE, this is a very good possibillity to enter the HSR market. That´s a win-win situation.
http://www.gereports.com/new-joint-venture-targets-u-s-high-speed-rail-market/
http://www.china.org.cn/business/2011-01/24/content_21808926.htm
http://europe.chinadaily.com.cn/epaper/2011-04/01/content_12262212.htm

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