April 16, 2015      

Chinese companies have been acquiring foreign businesses to gain intellectual property and access to markets. Following this strategy, a train maker recently bought a British marine robotics manufacturer. Zhuzhou CSR Times Electric Co. plans to buy 100% of shares in Specialist Machine Developments Ltd. (SMD) for £130 million ($193 million), subject to regulatory approval. "CSR not only wants to be a leader of land rail transportation equipment companies, but [it] also wants to do something...

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