From a report from Oxford Economics ...
If the United States allows some of China's largest producers of freight rail cars into the country, they could end up eliminating up to 65,000 U.S. jobs, according to a study released Monday. ....
A U.S. railroad lobbying group, Rail Security Alliance, commissioned the report. Oxford Economics was founded in 1981 as a commercial venture with Oxford University's business college, according to its website. ..
The worry for some is that state-owned Chinese corporations will enter the U.S. and sell Chinese-built freight railcars far below the market price, forcing U.S. producers to close or relocate overseas. Oxford Economics estimates a minimum loss of 5,090 U.S. jobs from increased Chinese involvement in production, and a maximum loss of 64,280 U.S. jobs. ....
CHINESE IMPORTS COULD IMPERIL 65,000 US JOBS IN THE LATEST INDUSTRY UNDER THREAT