Norinco M 305 (M1A/M-14)
7.62x51mm NATO (308 WIN.) Norinco manufactured large quantities of the rifles and spare parts before the US import ban was established. Since they cannot export them to the US market they are being dumped on other markets. In Canada they can be had for C$699.00. Also Note on the Norinco CQ-311. Only five hundred ever manufactured. This was in 1989. As the story goes Colt got a hold of a few early examples, in '89, and feared two things first the quality of the product, and second the ability for Norinco to mass produce millions of copies thereby swamping the market. Colt worked out a deal with Norinco to stop the production of the AR-15 clone. Hence Norinco makes licensed copies of the 1911 and were provided all tools dies and metallurgy for the 1911. Based on the dates this made a lot of sense, Colt had no other competition in the AR-15 market as compared to now. Thus Colt held monopoly on the money maker. The only discrepancy between the Norinco and the Colt is the threading for the flash hider. Otherwise the rifle interchanges parts with Colts and other AR clones.
Picture and information courtesy of: Andrew Peters