european train market after such merge 1. alstom-siemens distant 2. stadler 3-whatever. various national train manufacturers that have trouble to enter broader market because of said gigant
so called "only such big company would be able to compete with Chinese manufacturers" said Chinese manufacturers: builds such dogshit trains that nobody wants to buy them
I do think that in many cases they really overestimate the danger of Chinese companies, like, okay, car industry is quite a thing, but train industry? lol