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May 31

Further to this post, David Kilgour has posted on his website the remarks he gave at this May 28 Ottawa event (which was very well attended) on China and Africa–and Canada.

Mark Collins is a prolific Ottawa blogger

4 Responses to “Mark Collins - Beware the Almighty Dragon Dollar, Part 2”

  1. MarkOttawa Says:

    As for the top Commies:

    “China’s Game of Thrones
    Four Chinese leaders who show just how corrupt the system has become.”

    Mark Collins

  2. MarkOttawa Says:

    More on the Ottawa event:

    “The Implications of Doing Business with China”

    Mark Collins

  3. MarkOttawa Says:

    Plus video of Terry Glavin on Chinese investment in Canada:

    “Giving Beijing a Bit of Backchat.”

    Mark Collins

  4. MarkOttawa Says:

    In light of this,

    “China Is Biggest Emerging Threat To Boeing And Airbus, Says Albaugh”

    I’m not exactly sure it’s a good idea for Bombardier to be working with these Chinese dollars (giving away the farm?):

    March 2011: “Bombardier gains China foothold for C Series sales

    Bombardier Inc. is tying the success of its C Series jet in the massive Chinese market to that country’s largest airplane maker, signing a deal that will help it attack the duopoly of Airbus and Boeing.

    The Montreal company and Commercial Aircraft Corp. of China Ltd. (Comac) have agreed to co-operate as they develop planes that will take on the two giants, which dominate sales of narrow-bodied aircraft - the largest segment in the commercial airplane market and one that will grow even more as Chinese airlines mushroom.

    The potential for collaboration between the Canadian and Chinese companies on new aircraft - plus marketing, procurement and customer service for their C Series and C919 aircraft, respectively - represents a strong joint challenge to Airbus SAS and Boeing Co., which also see China as a critical market over the next two decades…”

    March 2012: “Bombardier’s CSeries to have commonalities with Chinese airplane in development

    Bombardier Inc. (TSX:BBD-B.TO - News) signed an agreement Wednesday with China’s COMAC aircraft manufacturer to develop commonalities between the CSeries and the C919.

    The two aircraft manufacturers will work on four projects during the first phase of a long-term collaboration.

    The initiatives to be completed over the next 12 months involve the cockpit, electrical system, aluminum-lithium specifications and customer service.

    The definitive agreement signed in Shanghai by Bombardier CEO Pierre Beaudoin and his Chinese counterpart follows a framework deal inked last March (see above)…”

    Looks to me that Bombardier risks tech transfer to the Chinese, both legitimate and covert, that will not necessarily be in the firm’s long term interest.

    Mark Collins

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