Plus keep an eye on China's Comac. They're only ten years old (2008) but due to massive state investment are becoming pretty competitive, they may be eating both Boeing and Airbus's lunch by 2030 if this level of investment continues.
Plus keep an eye on China's Comac. They're only ten years old (2008) but due to massive state investment are becoming pretty competitive, they may be eating both Boeing and Airbus's lunch by 2030 if this level of investment continues.
Fortunately for Boeing, a plane is not so easy to copy as many of their other successful corporate thefts.
The US is just as problematic as China in these things, and has the same levels of subsidies for industries deemed important to national security.
Let's talk about government subsidies:
(July 2015)
"China's Global 500 companies are bigger than ever—and mostly state-owned"
"the top 12 Chinese companies are all state-owned. They include massive banks and oil companies that the central government controls through the State-Owned Assets Supervision and Administration Commission of the ruling State Council (SASAC), which appoints CEOs and makes decisions on large investments. Of the 98 Chinese companies on the list, only 22 are private."
http://fortune.com/2015/07/22/china-global-500-government-ow...
Using one example to proclaim that the US is committing as much intellectual theft as China, is comical. The US has dramatically more to lose than China does, given its general technological superiority (whether at the university lab level or the corporate R&D level).
The second point is even more absurd, and very easily demonstrated to be false (as I did above). Most of China's largest corporations are State controlled entities. Most of their largest industries, such as steel, are directly controlled by the government. A very large share of the Chinese economy is operated by fully nationalized, or partially nationalized fake corporate entities. So called State corporations.