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Should Chinese Airlines Buy Airbus Aircraft or The Best Boeing Jet Airliners?
The Chinese certainly understand how international trade deals work, and they also understand bribery, blackmail, market manipulation, and disrupting the supply chain through competitive maneuvering. So suffice it to say that the Chinese are not nearly as naive as many in the western world might think. In fact, in many ways China sees trade as just another smaller version of war, and in case you forgot Sun Tzu was Chinese – so the only naive people are those who think the Chinese are somehow inferior or ignorant when it comes to strategic trade trade. matters. They have their own game plan, so they know when someone is trying to pull a fast one on them.
Okay, let’s take it all up a notch and leave the Council on Foreign Relations, Belgian know-it-alls in the EU, UN slander and freewheeling WTO rhetoric aside for a moment. The reality is that the EU has tried to screw over China, not that China is any way perfect, and force them to buy hundreds of new aircraft that meet the new EU CO2 emission standards or pay huge fees and taxes to compete . Europe. It appears that the entire aircraft cap and trade program (taxes and fees) has been engineered by a few superiors in the EU who perpetuate the global warming theory (myth) which states that CO2 emissions from human industry and activity are causing the planet to melt?
Now recently there was an interesting article in the Wall Street Journal titled; “China envoy backs Airbus shunning,” by Daniel Michaels posted on 10/03/2012, which discussed some of the harsh words from the recent Brussels meeting. The article stated that;
“China’s ambassador to the EU said it “makes sense for Chinese airlines to shun European Airbus planes in favor of rival US models from the Boeing Company in response to the EU’s new levies on aviation greenhouse gas emissions.
Of course it does, it makes a lot of sense, especially when it really felt like blackmail to me, like moving out of the EU to get Chinese airlines to buy Airbus jets, which would slightly offset trade surpluses and put 10,000 people who work in factories to make these jets – along with another victory for the Global Warming Alarmists who show they can control the markets and introduce a new form of currency to dominate and force environmentalism down the throats of nations around the world while keeping the Chinese, Russian, African, Indonesian low-cost carrier with older aircraft from lucrative European airline markets.
Then there was the previous WSJ article from 3/9/2012 titled; “Battle between EU and China hampers Airbus sales”, by Daniel Michaels and David Pearson, which explained that the CEO of Airbus accused EU superiors of creating a war with China that cost Airbus more than $12 billion in new aircraft orders. I’d say it’s at least as high, if not higher, and could blossom into astronomical losses for Airbus in the future, in the whole climate gate tactic. Obviously, all this maneuvering in the EU backfired on them, and given the financial crisis in the member countries there, it couldn’t have come at a worse time.
Moreover, the Chinese do not want to reward bad behavior or succumb to this blackmail-like move, nor should they. China has every right to buy planes from whoever it wants, for whatever reason it chooses. That’s what free markets are about and the EU knows it, or should have known better. But in this case, Chinese airlines will still buy better planes from Boeing, so it’s a win-win. Please consider all this and think about it.
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