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on the left teaming up with france s out stone t.g.v. on the right the companies have been working on the merger for a year now but even if they do succeed they will still be miles away from the chinese industry leader that company is c r r c with an estimated annual turnover of twenty four billion euros togethers evens are now stone are worth just over half that amount and canadian train make a bum body a is left far behind and a new zealand s austan giant wouldn t automatically be better for european consumers at least that s what some in brussels think so e.u. competition commission of a stock is not expected to approve the merger in europe the alliance would be close to a monopoly but zemin are more concerned about the global market the main competitor is a state owned corporation make that a super conglomerate emerged from two state owned corporations. chinese own c r r

China sIndustry leaderStone tgvBum body aAustan giant wouldn tNew zealandTwenty four billion eurosTwenty four billionCompetition commissionEurope the alliance