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CRRC to double overseas sales in five years

China trainmaker's new Springfield plant is showcase for US expansion; it is bullish on prospects in American cities

Published Sat, Sep 12, 2015 · 12:00 AM
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New York

NEW York's ageing subway system is an irresistible draw for Yu Weiping, vice president of CRRC Corp, China's biggest maker of railway equipment, who says he rides it every time he visits.

"I can't help thinking about when we can replace all these noisy old subway trains," Mr Yu said in an interview in New York on Thursday. "After leading the world for 100 years, US subway and train systems need upgrading."

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