4 ms·
What's the difference between Boeing, Airbus, or Comac? Boeing and Airbus: -Are owned by shareholders all over the world(including China!)[1] -Assemble plane
by tuna-piano 9y ago
What's the difference between Boeing, Airbus, or Comac?
Boeing and Airbus:
-Are owned by shareholders all over the world(including China!)[1]
-Assemble planes all over the world(including China!)[2][3]
-Have employees all over the world (including China!)[4]
-Use parts made all over the world (including China!) [5][6]
Moreover, trade is always equal[7]. If the US sends China $100 of corn and China sends back $100 of plane, who cares?
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[1]http://www.cfr.org/united-states/quarterly-update-foreign-ownership-us-assets/p25685 http://www.cfr.org/united-states/quarterly-update-foreign-ow...
[2]https://www.wsj.com/articles/boeing-identifies-site-for-china-plant-1477687939 https://www.wsj.com/articles/boeing-identifies-site-for-chin...
[3]
http://www.businessinsider.com/airbus-china-factory-a320-2015-8/#the-planes-117-foot-wingspan-takes-of-up-most-of-the-space-5 http://www.businessinsider.com/airbus-china-factory-a320-201...
[4]https://jobs.boeing.com/location/china-jobs/185/1814991/2 https://jobs.boeing.com/location/china-jobs/185/1814991/2
[5]http://boeing.mediaroom.com/2005-06-02-Boeing-787-Highlights-600-Million-in-Contracts-with-Chinese-Suppliers http://boeing.mediaroom.com/2005-06-02-Boeing-787-Highlights...
[6]http://www.businessinsider.com/graphic-boeing-787-dreamliner-suppliers-2013-1 http://www.businessinsider.com/graphic-boeing-787-dreamliner...
[7]You may have heard of a "trade deficit". Well, is China sending the US $100 in products and not ask for anything in return? If so, that would obviously be amazing for the US and foolish for China (free stuff!). The truth is that instead of purchasing $100 in products to send back to China, China instead decides to purchase $100 of investment stuff in the USA, and will take the future returns that investment provides them. An example: China sends $100 of plane, takes that $100 and builds a $100 apartment building in the USA. It then takes $5 of profits a year back to China in corn, and then sells the building in 30 years for (now a larger amount) of $200 in corn.
- notahacker 9y agoDespite the globalised nature of aviation supply chains, expect to see the nearly all the C919s operate within the Chinese market (with most of the rest being developing countries in Asia). The real difference is decades of experience, development, reputation and global maintenance programme setup behind the Boeing/Airbus series, and most operators looking to acquire new aircraft won't overlook that in favour of slightly lower capital costs without a lot of encouragement and support network that's very close to their home base.
- dis-sys 9y ago1. US government is preventing Chinese acquisition of both US and foreign companies. [1] 2. Boeing's assembly line in China is Boeing's only oversea factory. All planes assembled in China are for the Chinese market. [2] 3. US laws forbid the State Department issuing me US visas with valid period longer than 12 months because I did high performance computing during PhD (studying parallel computing is not a crime!). Last time when I worked for a major US company, I had to spend months to get clearance to have access to some stupid patent data which is 200% intended for immediate public use. 4. US bans a long list of parts/components to be sold to Chinese/Chinese companies. For example, some public Chinese universities (e.g. BUAA) which have project fundings from the Chinese government are not even allowed to buy DELL desktop computers! US bans AMD from selling its high end GPU to the Chinese government, even when AMD's high end GPU is help designed in Shanghai by a large team of Chinese engineers [3][4]. [1] https://www.bloomberg.com/news/articles/2016-12-02/obama-said-poised-to-block-chinese-takeover-of-germany-s-aixtron https://www.bloomberg.com/news/articles/2016-12-02/obama-sai... [2] http://www.thehindubusinessline.com/economy/logistics/boeing-to-set-up-first-overseas-factory-in-china/article9582090.ece http://www.thehindubusinessline.com/economy/logistics/boeing... [3] https://www.pcgamesn.com/AMD-Vega-design-complete https://www.pcgamesn.com/AMD-Vega-design-complete [4] http://wccftech.com/us-government-bans-intel-nvidia-amd-chips-china/ http://wccftech.com/us-government-bans-intel-nvidia-amd-chip...
- Chaebixi 9y ago> Moreover, trade is always equal[7]. If the US sends China $100 of corn and China sends back $100 of plane, who cares? That's just narrow-minded economic dogma, and economics is very far from a complete theory of humanity. For a illustrative example of why it's too simplistic, consider this: people with weapons can coerce people without into bad trade deals. Aircraft production is more of a weapon-making skill than agriculture. If China has the weapon-making skills and the US loses them due to dogma-driven trade specialization, a future China (overtaken by some racist ideology, for instance) could conquer and destroy the US. There are political, military, and other reasons why someone should care about the specifics of what they're trading.