CRRC wary of long-term impact

China Railway Rolling Stock Corp, the world's largest railcar manufacturer, is concerned about the impact of proposed US tariffs on Chinese rail equipment and is taking actions, Jia Bo, vice-president of CRRC MA Corp, said on Thursday.

"As rail equipment has been included in Section 301, we are concerned about whether it will affect the rail equipment (trade), and bring about a whole market change," Jia said.

Jia said the company is dealing with the situation actively, coordinating with relevant US departments.