Remember how China and the Europeans screamed when there was a hint of “buy-American” wording in some of the U.S. stimulus package? This week China released information on its manufacturing industry stimulus plan, which calls for the outright maintenance of a specific domestic market share for Chinese companies. The “Implementing Regulations for the Equipment Manufacturing Industry Revitalization Plan” sets a […]
Entries from May 2009
New “Buy-Chinese” Plan is Part of China Stimulus Package
May 13th, 2009 · No Comments
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An airliner that proves political superiority of the socialist system
May 8th, 2009 · 2 Comments
I was thumbing through a brochure from the Commercial Aircraft Corporation of China, Ltd. (COMAC) today and reading about their new project to develop a mid-sized trunk liner to compete against Boeing and Airbus. The new plane, known as the 919, is currently set to be launched in 2014. Currently, western aircraft companies are scrambling […]
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No U.S. Pavilion at the Shanghai World Expo?
May 7th, 2009 · No Comments
You may ask why business should care whether the U.S. has a pavilion at the Shanghai World Expo in 2010 or not. The answer is complex, but it boils down to national branding, soft power and potential retribution from China. As this article in the Washington Post points out, the US is only one of […]
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