China Economy Forum

[Viet]

Are you happy to see the EU is sanctioning your Russian friend? The Russians will just increase more trade and cooperation with China. LOL, i don't see any news Russian increasing trade with your jungle oh and India backing Russia even got thanks from Putin. So much for Vietnam's support hahaha

why should Vietnam be happy to see Russia suffering?

come on, China as well as India are neutral towards the Crimean case. You both don´t back Russia. Don´t lie.

 

[Viet]

Japanese companies are bankrupt. They offer us nothing no more.

We are now direct competitors with Japanese companies so we don't need their FDI like we did 20 years ago.

Our companies are opening manufacturing plants all across the world in every continent. That creates jobs, tax revenue and transfer of technology and expertise.

Do you even understand the meaning of FDI?

okay, you may need less money from overseas because your economy no longer relies on them.

but you oversee one fact: the Japanese are smarter than you. Japan knows how to win heart and mind of the ASEAN people. They invest and cooperate more than China ever wants with ASEAN. What are the benefits for ASEAN when China invests in Africa?

Japan seeks ASEAN backing on China with $20B pledge | Inquirer News

 

[NiceGuy]

I sense jealousy in this Vietcong, why not go beg your Russian friend investing money in your jungle? That's what you need to do, we don't have to do a thing and FDI keeps on coming.

No, we dont jealous with u. We need the investor who will open more factories and create moe work, not the investors just investing in stock market coz it only help rich man to get richer when poor people gain Nothing.

 

[Arzamas 16]

BEIJING, March 25. /ITAR-TASS/. China’s private O-bay Aircraft Company, based in the Henan province, intends to buy 100 Russia Sukhoi Superjet-100 (SSJ-100) planes from Sukhoi company to the total worth of 3.5 billion US dollars, the Beijing-based China Daily reported, noting that the corresponding agreement had been signed on Saturday.

The report says that the Russian company will provide assistance to the Chinese side in setting up an assembly plant in Zhengzhou (administrative centre of Henan). Several other Chinese companies have also displayed an interest in this project.

The newspaper reports that Russia’s Sukhoi company is well known in China thanks to its military planes. The Sukhoi civilian assembly line is to be put into operation in 2016 and reach full capacity in 2018. The project is yet to be approved by the Chinese State Council, according to China Daily. It notes that the Russian plane will become direct competitor to the regional ARJ-21 plane that is being created by China’s aircraft building corporation.

It is not clear whether the State government will approve it because the city does not have the necessary industrial foundation and professional human resources, despite the local government being passionate about the aviation industry, the newspaper notes. If the SSJ-100 is built in China, the Chinese State-owned airplane manufacturer will have a direct rival: Commercial Aircraft Corporation of China Ltd is working on the ARJ-21, a regional aircraft with 70 to 90 seats.


ITAR-TASS: Economy - China aircraft company to buy Russia’s SSJ-100 planes for $3,5 billion - newspaper

 

[Arzamas 16]

already happened. Western Europe is doing the first step towards energy sanctions.

B.S

ITAR-TASS: World - German chancellor against imposition of economic sanctions on Russia

 

[ChineseTiger1986]

Good, after the lesson from MH370, it is the time to get rid from the dependence on the western airliners.

China now is building its indigenous airliners, but also buying some from Russia.

 

[Skull and Bones]

Good, after the lesson from MH370, it is the time to get rid from the dependence on the western airliners.

China now is building its indigenous airliners, but also buying some from Russia.

Isn't it too soon to blame it on the aircraft manufacturers rather than failed ATC of Malaysia?

 

[NiceGuy]

Good news for Russia bro. Time for VN to buy some, too

 

[xuxu1457]

I must say that many private companies of China have too many money, thank god they beggin to do other thing such as aerospace more than buying building

 

[cirr]

China, France sign 50 agreements worth $25 bn

(The BRICS Post, March 27)

Chinese President Xi Jinping witnessed the signing of a slew of bilateral deals with France after his meet with French counterpart Francois Hollande on Wednesday.

A joint statement late on Wednesday evening said France welcomes the 80 billion yuan ($12.8 billion) quota of RMB qualified foreign institutional investor distributed by China. The statement welcomed turning Paris into an important trade hub of Chinese investment in the euro zone and that of European countries in China.

The 50 agreements signed worth $25 billion in sectors like financial, nuclear and aviation is seen as a major push to ties even as Beijing and Paris mark their 50th year of diplomatic ties.

The two sides released a mid- to long-term blueprint for the development of bilateral ties.

In Wednesday’s press conference with Xi, Hollande welcomed the Chinese investment in his country saying, “Eighteen billion euros of contracts — that is jobs, growth and, most of all, significant prospects for the coming years”.

The two sides also vowed to boost the joint exploitation of the Hinkley Point and other projects in Britain and the construction of the two units at Taishan nuclear power plant in China’s Guangdong Province.

Automobile manufacturing was listed as a priority in bilateral industrial ties with special focus on cooperation between French automaker PSA Peugeot Citroen and the Renault Group with China’s Dongfeng Motor Group and Changan Automobile.

China and France also vowed to build the Chinese city of Tianjin into Airbus’ manufacturing center in Asia.

link: http://thebricspost.com/china-france.../#.UzPBMvmSySp

Airbus Helicopters and China's Avicopter Sign Joint Production Agreement for 1,000 EC175/AC352 Helicopters

(WCARN.com / Airbus Official PR, March 26)

Airbus Helicopters and China's Avicopter (the helicopters business unit of AVIC) today signed a joint agreement for the production of 1,000 new-generation EC175/AC352 rotorcraft, in the presence of Chinese President Xi Jinping and French President François Hollande at the Elysée Palace in Paris.

The agreement cements the industrial partnership between Airbus Helicopters and AVIC on their jointly-developed EC175/AC352.

"Today's agreement results from several years of close collaboration between our teams. It sets the stage for an unprecedented full-scale production framework by both partners and adds a new dimension to the relationship with Avicopter," said Airbus Helicopters CEO Guillaume Faury.

"The production contract's signature will allow both of us to satisfy the Chinese and worldwide market needs in the medium helicopter segment," added Li Fangyong, AVIC Executive Vice President. "This also puts Avicopter's production resources to work in the aviation industry's global industrial chain."

While development work has been equally shared between Airbus Helicopters and Avicopter for the EC175/AC352 project, production is likewise shared, combining the capabilities of both companies. Coming from a common platform, two different rotorcraft, are being built: the AC352, assembled and supported from China by Avicopter, mainly for the Chinese market; and the EC175, assembled and supported by Airbus Helicopters from Marignane, France, for the worldwide market.

The EC175, certified earlier this year by the European Aviation Safety Agency (EASA), Europe's airworthiness authority, is a highly capable, medium-sized twin-engine rotorcraft that meets global market requirements across a full range of missions - including offshore crew transport, search and rescue, VIP, utility and medical evacuation operations. Initial deliveries to its first three EC175 customers are planned by Airbus Helicopters later in 2014.

France and China launched their cooperation on EC175/AC352 in 2005, benefitting from 40 years of close ties between the partners on previous rotorcraft projects.

link: Airbus Helicopters and China's Avicopter Sign Joint Production Agreement for 1,000 EC175/AC352 Helicopters

 

[BoQ77]

China is still not ready for their domestic passenger plane ?

 

[cnleio]

intends to buy 100 Russia Sukhoi Superjet-100 (SSJ-100) planes from Sukhoi company to the total worth of 3.5 billion US dollars,

This news like Russian media reported selling Su-35 to China ... might occur long long ... long years later. A private company (China’s private O-bay Aircraft Company) can not pay 3.5billion US dollars.

I had watched that O-bay's webpage, a poor small company !

 

[StarCraft_ZT]

This news like Russian media reported selling Su-35 to China ... might occur long long ... long years later. A private company (China’s private O-bay Aircraft Company) can not pay 3.5billion US dollars.

I had watched that O-bay's webpage, a poor small company !

Nobody heard O-bay before, including me from Henan. Behind O-bay company are two Shanghai investment company or private equity, i'm not sure. They are motivated by the development plan of Zhengzhou airport economic and comprehensive experimental area (郑州航空港经济综合实验区发展规划)

http://www.sdpc.gov.cn/zcfb/zcfbghwb/201304/W020140221372408841861.pdf

 

[Edison Chen]

PARIS (AP) — Chinese President Xi Jinping was the toast of France as he embarked on a state visit — and what better time just days after China ended an anti-dumping, anti-subsidy investigation of French wine.

Deal-making and commemorations of a half-century of French diplomatic ties with Communist China were the order of business during Xi's three-day visit, part of his European tour.

France wants its relations with China to flourish, not least because of a whopping 25.8 billion-euro ($35.6 billion) trade deficit with what is now the world's No. 2 economy. That shortfall represents roughly 40 percent of France's total foreign trade deficit.

French officials said the signing of about 50 commercial accords were being lined up. From nuclear energy to aerospace to agribusiness, and even including a possible sausage deal, President Francois Hollande says they will total about 18 billion euros ($24.8 billion).

In Paris during the afternoon, Hollande met Xi at a state ceremony and troop review at the Invalides monument, the final resting place of Napoleon.

"My visit to France comes at a particular moment, and will allow for work with ... Hollande and other French leaders to take stock of 50 years of Sino-French relations, and plan the future together," Xi said following his arrival.

Wednesday will be seen by the French as a step in the right direction, with Chinese automaker Dongfeng signing to a deal to invest 800 million euros ($1.1 billion) in France's largest carmaker PSA Peugeot Citroen. Meanwhile, Airbus Helicopters and China's Avicopter signed a joint agreement for the production of 1,000 new-generation helicopters, while China ordered about 70 European Airbus planes.

French officials also want France to increase its market share in China from about 1.5 percent today — noting with no small amount of envy that Germany's is about 5 percent.

But many French workers, already worrying about double-digit unemployment rates in France, are fretting about the impact on wages from doing more business with China.

China, already a world leader in manufacturing, is looking to scale up production of value-added goods and services and tap into French savoir faire in high-tech industries.

Under President Charles de Gaulle in 1964, France broke with many Western allies and recognized Communist China's government. Since then, relations have been generally smooth despite differences at times on issues like human rights, Tibet and the civil war in Syria.

China launched a probe of French wine last year amid a dispute between the European Union and China over very cheap Chinese solar panels. The solar panels side of the spat was resolved months ago, but China's wine probe continued — until last week's announcement that it had ended.

At Tuesday's reception at Lyon City Hall, Xi and Chinese envoys nibbled on sausage and chocolates, and sipped Beaujolais.

"The wine market in China is very big," said Xi — a point surely not missed by the French.

Deal-making ahead as China president visits France - Yahoo News

 

[terranMarine]

what help did you provide to Russia in the Crimea case?

Ask Putin why he thanked us and not Vietcongs