Information About the Recently Introduced Freight RAILCAR Act (H.R. 838)
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What They're Saying
U.S. Senators Rob Portman (R-OH) and Sherrod Brown (D-OH)
"Further postponement of the Section 232 investigation will invite a growing deluge of steel imports into the U.S. and cause even greater damage to the U.S. steel sector.”
U.S. Trade Representative Robert Lighthizer
"The sheer scale of [China’s] coordinated efforts to develop their economy…and to distort markets in China and throughout the word is a threat to the world trading system that is unprecedented.”
Dr. James Mulvenon, General Manager, Special Programs Division, SOS International
"...the number of examples where China has successfully avoided U.S. regulatory regimes to prevent technology transfer harmful U.S. national security are increasing. The Chinese are learning our system, identifying its gaps and weaknesses, and finding new ways to exploit American technology to their advantage."
U.S. Senator John Cornyn (R-TX)
"By exploiting gaps in the existing CFIUS review process, potential adversaries, such as China, have been effectively degrading our country’s military technological edge by acquiring, and otherwise investing in, U.S. companies."
James Lewis, Senior Vice President, Center for Strategic and International Studies
“China’s goal is to end its dependence on foreign technology and overtake the U.S., as it has overtaken other nations.”
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Email: info@railsecurity.org
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For media inquiries please email media@railsecurity.org
Phone: (202) 318-0456
1341 G St NW
6th Floor
Washington, DC 20005
For media inquiries please email media@railsecurity.org
Twitter Feed
#ICYMI this House news: Under leadership from Rep. Rick Crawford, a bill to stop @FTA_DOT funding for CRRC rail cars passes @RepRickCrawford @rail_pro_mag
In a letter to @SecYellen, @committeeonccp highlights 6 CCP-controlled companies that pose a grave threat to the U.S. CRRC is on that list. Investigate and sanction CRRC.
"With the property bubble that powered growth for years deflating, Beijing has been funneling investment into manufacturing... To compensate for weak domestic sales, Chinese companies have turned to exports."
"@SecYellen is expected to continue airing Washington’s objections over China’s reliance on exports and mass subsidies for its manufacturing." #CRRC
At the @WTO, on the topic of #China trade policy, were deep "concerns about industrial overcapacity and lack of transparency in state subsidies" @SCMPNews