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CNBC also quoted Cheng as saying there were companies leaving China, or laying off staff, but the sense is this trend is weakening.
CRRC Zhuzhou opened a 1 million manufacturing facility in Malaysia's Perak state in 2015, which is managed by CRRC (Malaysia) Railway Vehicles and will act as the company's gateway to other member states of the Association of Southeast Asian Nations. The plant is capable of manufacturing various types of rail vehicles, from bullet trains to mass-transit trains and electric locomotives.
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CRRC had set up 83 overseas subsidiaries and 13 research and development centers in 26 countries and regions around the world by the end of 2017. Among its 83 overseas subsidiaries, 58 were established after the Belt and Road Initiative was launched in 2013, according to the Beijing-headquartered group.
CHENGDU — A direct air route linking China's southwestern city of Chengdu with New York has been launched, Hainan Airlines announced Thursday.
来源：资阳报