my lessons learned, page-3

what was the alternative?

The groundbreaking Deal with CRM... not the sell out to BHP.


Do I have to spell out the alternative - C R M
It's a shame CRM knows nothing about building railways(sic)

http://www.crmsc.com.cn/english/situation.asp?action=1

CRM
China Railway Materials Commercial Corporation (CRM) is a large-scale state-owned enterprise under the supervision of State-owned Assets Supervision & Administration Commission of the State Council (SASAC). It’s a large scale international group in trading and logistics whose market targeting not only railway systems but also the whole society.

CRM’s major business is to provide all materials for the transportation and construction of the railway system, including rails, diesel oil, wheels, wheel hubs,

machinery and electronic equipments, locomotive and rolling stock spare parts, steels, cement, and woods. Its minor business includes large scale storehouses, distribution, real estate, and customs clearance and distribution for imports. Its manufacturing sector produces concrete sleepers, on-track materials, preservative sleepers, cement, and fireproof woods. CRM has professional subsidiaries in international trade with powerful railway network rooted in China’s railway system and an integrate marketing network for railway materials.