CRRC, which was devised by a merger between two state-owned enterprises — China CNR and CSR — has been rapidly up its presence stateside.
Even though President Donald Trump approved doubtful tariffs on imported washing machines and solar cells on Monday, Liu voiced he didn’t think the U.S. leader was being anti-China.
“I feel that he is essay a new balance. The past balance had its significance in its time and background, with people conceding the meaning of that. After he took over, he needed to figure out how to accomplish the new balance,” said Liu.
—CNBC’s Saheli Roy Choudhury contributed to this news.