• 11/25/2024

Chinese Train Maker CRRC Drops Bid for $665 Million Bulgarian Contract

Wall Street Journal

A Chinese state-owned train maker has pulled out of the bidding for a Bulgarian contract, six weeks after European officials launched an investigation into whether foreign subsidies helped the company to undercut rivals.

https://www.wsj.com/articles/chinese-train-maker-crrc-drops-bid-for-665-million-bulgarian-contract-3ec58bcc