Restore a Fair and Competitive Market by Restricting State-Owned Enterprises

The increasing presence of heavily subsidized state-owned (SOE) rail firms in the United States undermines competition and adversely impacts jobs by private rail supply companies in North America. It has the potential to change the entire dynamic of the $74 billion-dollar industry with current American rail supply manufacturers concerned that more SOE involvement could lead to price dumping, loss of domestic parts manufacturing, and a reduction in American jobs. These firms can also present significant national security risks, with some such as CRRC Corporation facing investment sanctions by the United States due to its close ties to the Chinese military.