(Source: CNBC, May 15, 2017)
NEW YORK — The worry for some is that state-owned Chinese corporations will enter the U.S. and sell Chinese-built freight rail cars 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.
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