mysaug

China Cracks the Aircraft Market

China can not be trusted, the CEO of GE said that in a way a few yrs ago when asked why building a medical product company in India and not China. He said China does not understand the concept of win-win.

China Cracks the Aircraft Market

forgot to add, author is wrong. under WTO china can not predicate market access to local content mandates. Should be interesting times ahead.

China Cracks the Aircraft Market

sounds like this will lead to more WTO violations by china. China wil require company to purchase only Chinese made parts , forcing A/c parts makers to build plants in china instead of exporting. Completey illegal under WTO rules, will see if new administration puts up with it. Cheap labor means nothing if the parts you need is covered by patents and patented technology. These US companies should tell the Chinese we will sell you what you want, but it will not be made in China . no way China can say no without violating IP as these are all patented products.