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Eugene K. Chow — China May Have Solved the One Thing That Was Poised to Stop Its Military Rise

Summary:
Chinese engineering has become so advanced that German jet engines could soon get a major boost from China. Officials in China have begun talks to sell sophisticated aerospace technology and manufacturing equipment to Germany for the production of high-performance jet engines.... Discussions for the sale are still in the early stages, but even the possibility of an agreement with Germany, which created the world’s first production-ready jet engine and has long been revered for its design and manufacturing prowess, is a major victory for China as it seeks to shift its reputation away from cheaply made knockoffs to high-end innovation.  China on track to follow Japan and South Korea? The National InterestChina May Have Solved the One Thing That Was Poised to Stop Its Military Rise

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Chinese engineering has become so advanced that German jet engines could soon get a major boost from China.
Officials in China have begun talks to sell sophisticated aerospace technology and manufacturing equipment to Germany for the production of high-performance jet engines....
Discussions for the sale are still in the early stages, but even the possibility of an agreement with Germany, which created the world’s first production-ready jet engine and has long been revered for its design and manufacturing prowess, is a major victory for China as it seeks to shift its reputation away from cheaply made knockoffs to high-end innovation. 
China on track to follow Japan and South Korea?


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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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