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To: hedgetrimmer
Then why does the Chinese communist party own some percentage, up to 50% for some, of "free trade" businesses?

They don't. Most of China's new business is private. Such as Boeing. Its owned by stockholders not the Chinese government.

126 posted on 03/23/2006 2:08:06 PM PST by jec41 (Screaming Eagle)
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To: jec41
The more willing Boeing and Airbus are to share technology and provide local jobs, the more likely they are to win Chinese orders.

Who is calling the shots here? The company or the Chinese government?

Boeing, Hexcel and the state-run China Aviation Industry invested a combined $60 million to open BHA Aero Composite Parts in 2001.

Who owns this factory?

I don't see "private industry" but corporatist fascist partnerships with state run companies. What do you see?

As a career choice, jobs in state-run factories are "not the best," he conceded. "But a lot of people want to come here because it's stable," he added. "No one can be fired

I guess Boeing wins again. Because if you pay someone $0.30 a day and you can fire them, its no big deal, I guess.

Besides BHA, Boeing also is working with China's state-run aviation companies: China's Chengdu Aircraft will supply the 787 rudder, Hafei Aviation the 787 wing-to-body fairing panels, and Shenyang Aircraft the 787 vertical fin leading edge. Boeing said those contracts are worth $600 million, adding to $1 billion in earlier purchases from China.

Not too much private enterprise going on here.

Peter Chang, managing director of China Aviation Marketing in Redmond says, "in 30 years when we're retired and golfing, China will rule the aviation world."

After we get done bilking the American people out of their industrial base to support state-run manufacturing in a communist country.
128 posted on 03/23/2006 2:30:42 PM PST by hedgetrimmer ("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
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