Comment Re:Repeating history (Score 2) 266
Here's the thing: China has become very well known for making deals to get modern and/or cutting edge technology without having to do the R&D. That is a boon for American companies for short term profits. It also significantly ups the ante for competition within the Chinese market.
The problem that I see for China is that without having to do the R&D, they get the current tech, understand it, maybe make some improvements to that tech. However, I'm not sure if China has the capability to keep up with other global companies, companies that are investing for future technologies. If China doesn't steal those plans, they'll start to fall behind again, which creates a nice purchasing loop for those global companies.
Those Chinese companies may be able to make and improve these commercial airliners, making them cheaper than anyone else, but they won't have the drop on the next new thing, which most global companies are looking for and are investing in.
The problem that I see for China is that without having to do the R&D, they get the current tech, understand it, maybe make some improvements to that tech. However, I'm not sure if China has the capability to keep up with other global companies, companies that are investing for future technologies. If China doesn't steal those plans, they'll start to fall behind again, which creates a nice purchasing loop for those global companies.
Those Chinese companies may be able to make and improve these commercial airliners, making them cheaper than anyone else, but they won't have the drop on the next new thing, which most global companies are looking for and are investing in.