prajapati
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http://www.nytimes.com/2011/01/18/business/global/18plane.html?_r=2&hp
One of the most strange decisions of recent times
One of the most strange decisions of recent times
The joint venture will supply the Chinese Comac C919, which is challenging Boeing and Airbus in the market for single-aisle jets with more than 100 seats. Analysts generally believe the C919 won't find many customers outside of China, but will provide a base on which to build the country's airliner industry.As China strives for leadership in the world's most advanced industries, it sees commercial jetliners -- planes that may someday challenge the best from Boeing and Airbus -- as a top prize.
And no Western company has been more aggressive in helping China pursue that dream than one of the aviation industry's biggest suppliers of jet engines and airplane technology, General Electric. ...
For G.E., the pact is a chance to build upon an already well-established business in China, where the company has booming sales of jet engines, mainly to Chinese airlines that are now buying Boeing and Airbus planes. But doing business in China often requires Western multinationals like G.E. to share technology and trade secrets that might eventually enable Chinese companies to beat them at their own game -- by making the same products cheaper, if not better.
Possibly. US is known to keep those vital secrets to themselves. Also, as the report states, C919 is only for the domestic market. In any case, PRC knows how to copy and replicate.Btw , this would mean what tens of aircraft developed by china using GE machine?