Keeping Our China Eyes Open
As any reader of this blog knows, I am warily watching China as it pursues its ambition to be the world leader in field after field. Already they are passing us in renewable energy - one of the greatest potential business sectors on Earth. I am worried about their rapidly expanding efforts in military weaponry, space technology, artificial intelligence and robotics. Their huge population, immense wealth and focused government all aim at regional dominance, with world dominance not far behind.
Commercial jetliners for Chinese domestic travel will be one of the largest manufacturing sectors over the next decades, and - surprise! - it's a sector China is determined to own. With airplanes that can capture that market, you can bet they will become competitive on the international markets.
|The New Chinese C919|
These solid American assets are soon to be challenged by China.
"...There is now little doubt that China is well on its way to succeeding where several other countries have failed in becoming a full-fledged player in the large commercial aircraft manufacturing sector, with the potential to disrupt the long-standing duopoly of and ." Aviation Week