Discover and read the best of Twitter Threads about #IndustrialEspionage

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Oh God...ChiCom train company built a factory in Rahm Emanuel's Chicago. This is probably a FCPA boondoggle of Huawei proportions. 😡

@ericgarland
@a_team1983
@HatesHorseshoes
@wokyleeks
@ninaandtito
@BaldingsWorld
@20committee
@ddp
@Dry_Observer

bloomberg.com/news/features/…
@ericgarland @a_team1983 @HatesHorseshoes @wokyleeks @ninaandtito @BaldingsWorld @20committee @ddp @Dry_Observer "CRRC is the world’s largest maker of freight and passenger rail cars. Over the past decade, the state-owned Chinese company has gone from country to country underbidding rivals and taking business from giants such as Alstom, Bombardier, Siemens, and Hyundai’s rail unit, Rotem."
@ericgarland @a_team1983 @HatesHorseshoes @wokyleeks @ninaandtito @BaldingsWorld @20committee @ddp @Dry_Observer "When Siemens and Alstom tried to merge two years ago, before being blocked by European Union regulators, they cited the CRRC juggernaut as one rationale. The Chinese company effectively wiped out Australia’s homegrown rail car industry in less than a decade.”
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