Skybird
11-27-07, 07:00 AM
The story goes like this.
Some weeks ago, Merkel "offended" Peking by welcoming the Dalai Lama in the Kanzleramt, the location making it look very official and staeman-like. That was a step no Western leader since very very long has ever dared, at best the Dalai Lama could hope for an informal, private meeting. Since then Peking went from anger to fury, from fury to amok, and their propaganda machine works like crazy to deliver the bad, uncooperative Germans as many broadsides as possible. How dare we? Dalai Lama is the top threat to China, wanting to violantly overthrow the party, merkel is a Nazi, and germany tries to gain a german world empire!
Sarkozy, on the other hand, was showing that he is a master of dancing on eggs, and smirked, and smiled, and told Peking any lie they wanted to hear, betrying any european tradition of not leaving out humand rights, humanitarian questions, justice etc etc. Reward: in an attempt to play the french card against the germans, there was a shift from industrial orders away from Germany, and towards France. France will deliver them two or more nuclear powerplants (listen, America: first time ever they will pay in euros, not dollars, if I were you I would be worried), and Airbus got an order worth 11.8 or 12.9 billions Euros, depending on the exchange rate (later more on that). But (smile, america), the Airbusses will be payed in dollars. Now, that is only superficially a gesture to keep with the dollar, the intention behind this move is hard as steel.
Because due to the low dollar, Airbus is now in the danger zone. To get that order, they calculated optimistically with the dollar exchange rate, but the real exchange rate is leaving Airbus with a finance gap of roughly one billion euros. result is the fulfilment of Peking's real intention: major parts of Airbus production first were planned to be shifted into the dollar sphere, and now are planned to be shifted to China in accordiance with ingenious Sarko's most brilliant deal. And that is what Peking wants.
How can a business man accept a deal that does not earn him profits, but threatens him losses...?
The history of investing and joint ventures in china is filled with examples of always the same scheme of the Chinese using the opportunity for industrial espionage on grand scale, copying the won information to design their own factories and production procedures, then find some ridiculous excuse to be used as put-forward pretexts to minimize the market share of the original joint venture, lock their market for foreign access and then fill the now freed gap with their own 100% Chinese companies. That way, you do not need in reasearch. You simply steal foreign technologies. and china is master in this practicing.
Ringing a bell? the chinese would have payed airbus in euros as well, but the greater prize for them was to gain access to the key hightech knowledge of airbus. They want to built their own airplanes, which is known, but by this move of raffinesse intrigue (which idiot Sarko once again is not to dumb to fall for, like he already proved in Lybia, and with his inention to deliver nuke tech to all Araba states) they will gain access to key technolgies that will massively help them in that.
Thanks to Sarkozy, europe pays the bill. airbus is left with a finaciaol deficit from this "deal", europe will loose thousands of jobs, europe helps China to become the rival on the market for Airplanes that in the future will do it's best to shatter Airbus industries, and in the end Boeing as well will suffer the longtime fallout from this. So maybe there is nevertheless no reason at all to smile over the chinese still paying Airbus in dollars.
Sarkozy has repeatedly proven now that he is a narcissistic dumbhead whose ruthlessness and stupidity almost scores amongst criminal intent. ATGMs and nuclear tech for Lybia. Paying for Lybias health system. nuke tech for many Arab and Msulim countires. And now sedlling of european jobs, tax moneys, and Airbus key knowledge. the damage he is creating in such a short time is simply mounting to fast and too high. In my personal opionion, neither france nor europe can afford to leave such a superidiot in office. He should be removed, no matter how. In other words: if tomorrow in a traffic accidents a bus full of photographing chinese tourists rolls over him and leaves him dead, I hardly could consider it to be a loss.
Some weeks ago, Merkel "offended" Peking by welcoming the Dalai Lama in the Kanzleramt, the location making it look very official and staeman-like. That was a step no Western leader since very very long has ever dared, at best the Dalai Lama could hope for an informal, private meeting. Since then Peking went from anger to fury, from fury to amok, and their propaganda machine works like crazy to deliver the bad, uncooperative Germans as many broadsides as possible. How dare we? Dalai Lama is the top threat to China, wanting to violantly overthrow the party, merkel is a Nazi, and germany tries to gain a german world empire!
Sarkozy, on the other hand, was showing that he is a master of dancing on eggs, and smirked, and smiled, and told Peking any lie they wanted to hear, betrying any european tradition of not leaving out humand rights, humanitarian questions, justice etc etc. Reward: in an attempt to play the french card against the germans, there was a shift from industrial orders away from Germany, and towards France. France will deliver them two or more nuclear powerplants (listen, America: first time ever they will pay in euros, not dollars, if I were you I would be worried), and Airbus got an order worth 11.8 or 12.9 billions Euros, depending on the exchange rate (later more on that). But (smile, america), the Airbusses will be payed in dollars. Now, that is only superficially a gesture to keep with the dollar, the intention behind this move is hard as steel.
Because due to the low dollar, Airbus is now in the danger zone. To get that order, they calculated optimistically with the dollar exchange rate, but the real exchange rate is leaving Airbus with a finance gap of roughly one billion euros. result is the fulfilment of Peking's real intention: major parts of Airbus production first were planned to be shifted into the dollar sphere, and now are planned to be shifted to China in accordiance with ingenious Sarko's most brilliant deal. And that is what Peking wants.
How can a business man accept a deal that does not earn him profits, but threatens him losses...?
The history of investing and joint ventures in china is filled with examples of always the same scheme of the Chinese using the opportunity for industrial espionage on grand scale, copying the won information to design their own factories and production procedures, then find some ridiculous excuse to be used as put-forward pretexts to minimize the market share of the original joint venture, lock their market for foreign access and then fill the now freed gap with their own 100% Chinese companies. That way, you do not need in reasearch. You simply steal foreign technologies. and china is master in this practicing.
Ringing a bell? the chinese would have payed airbus in euros as well, but the greater prize for them was to gain access to the key hightech knowledge of airbus. They want to built their own airplanes, which is known, but by this move of raffinesse intrigue (which idiot Sarko once again is not to dumb to fall for, like he already proved in Lybia, and with his inention to deliver nuke tech to all Araba states) they will gain access to key technolgies that will massively help them in that.
Thanks to Sarkozy, europe pays the bill. airbus is left with a finaciaol deficit from this "deal", europe will loose thousands of jobs, europe helps China to become the rival on the market for Airplanes that in the future will do it's best to shatter Airbus industries, and in the end Boeing as well will suffer the longtime fallout from this. So maybe there is nevertheless no reason at all to smile over the chinese still paying Airbus in dollars.
Sarkozy has repeatedly proven now that he is a narcissistic dumbhead whose ruthlessness and stupidity almost scores amongst criminal intent. ATGMs and nuclear tech for Lybia. Paying for Lybias health system. nuke tech for many Arab and Msulim countires. And now sedlling of european jobs, tax moneys, and Airbus key knowledge. the damage he is creating in such a short time is simply mounting to fast and too high. In my personal opionion, neither france nor europe can afford to leave such a superidiot in office. He should be removed, no matter how. In other words: if tomorrow in a traffic accidents a bus full of photographing chinese tourists rolls over him and leaves him dead, I hardly could consider it to be a loss.