Birth of an industrial giant

Merger of two railway firms will give clear edge in global market

China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.

The planned marriage, which will end what had become a harmful price war between the two companies, is expected to create the world's biggest train manufacturer by sales, one which is capable of supplying bullet trains, light rail vehicles and subway cars to markets around the world.