| The Comments |
China, with one of the fastest-growing economies in the world, represents the largest commercial airplane market outside the United States. China’s airlines have ordered 850 Boeing jetliners, and Boeing jets make up more than half
its eet. The relationship also presents signi cant opportunities for China, which has had supplier contracts with Boeing since the 1970s. China currently supplies parts for all of Boeing’s commercial jets, including the 787 Dreamliner. But there is increasing competition for Boeing in China, and the company must continue to grow China’s role as both customer and supplier.
Conflicting evidence all around it would seem.
0
Like
|
Vast numbers of counterfeit Chinese electronic parts are being used in US military equipment, a key Senate committee has reported.
A year-long probe found 1,800 cases of fake parts in US military aircraft, the Senate Armed Services Committee said.
More than 70% of an estimated one million suspect parts were traced back to China, the report said .
It blamed weaknesses in the US supply chain, and China's failure to curb the counterfeit market.
The failure of a key part could pose safety and national security risks and lead to higher costs for the Pentagon, the committee said.
US servicemen rely on a variety of "small, incredibly sophisticated electronic components" found in night vision systems, radios and GPS devices and the failure of a single part could put a soldier at risk, the report said.
It highlighted suspect counterfeit parts in SH-60B helicopters used by the Navy, in C-130J and C-27J cargo planes and in the Navy's P-8A Poseidon plane.
After China, the UK and Canada were found to be the next-largest source countries for fake parts.
This is from May 2012.
1
Like
|
CHENGDU - Chengfei Commercial Aircraft Company (CCAC) has delivered a batch of key aircraft components on Friday: rudders made in Chengdu, capital of Southwest China's Sichuan province, for Boeing's new 737 MAX and 787-10 Dreamliner.
CCAC is a subsidiary of the Aviation Industry Corporation of China (AVIC), the country's largest State-owned aircraft producer.
"Boeing is proud to join AVIC and CCAC to celebrate another exciting milestone in the growing relationship among our companies. The delivery of rudders is for not just one but two of Boeing's airplane development programs," said Ian Chang, Boeing Commercial Airplanes vice-president of supply management in China.
"We are proud to work with AVIC companies, including CCAC, to meet Boeing's requirements for high quality, affordability and on-time delivery while expanding China's aviation manufacturing capabilities."
The 737 MAX which is a more fuel-efficient version of the best-selling 737 family will be delivered to customers starting in 2017 while 787-10 Dreamliner, the largest member of the technologically advanced 787 family, will be delivered to customers starting in 2018.
Boeing is the largest international customer for China's aviation manufacturing industry. Chinese suppliers produce components and assemblies for all five Boeing Commercial Airplanes programs, and more than 9,000 Boeing aircraft are flying with components and parts made in China.
This message was last edited by baz1946 on 10/11/2016.
1
Like
|
Just checked the currency again this morning (GBP vs EU), and we are up around 6% since the court case. From 1.09 to 1.15.
1
Like
|
Tourist rate was circa 1.10€ prior the US election, it went up 2 cents directly following Trump's victory, and is this mornning standing at 1.1370€ with TFX, what has the court case got to do with indisputable facts? 
_______________________
IF YOU WISH TO QUOTE ANY OF MY POSTS PLEASE DO SO IN THEIR ENTIRETY AND NOT JUST A FEW SELECTED WORDS TOTALLY OUT OF CONTEXT.
THANK YOU.
3
Like
|
This so called Remoners court case is not a good thing for the political establishment ,with project lies their will be quite a lot of dirty washing to explain especially from Mr Cameron's side as it was in his mandate to hold a Democratic referendum ,the whole political establishment should be forced to say what side they voted for ( including the SNP ).
2
Like
|
Tadd:
“There is no cast-iron guarantee on acquired rights in the event Britain leaves the EU,” said Sionaidh Douglas-Scott, professor of law at Queen Mary University of London and an expert in European law. “If you leave the EU you are no longer a member of the club that gives you those rights.”
Quote The Guardian Sept 2016.
Acquired rights relate to the right to residence, to work, to run a business, to own a property, the right to access public services such as health and education, and the right to remain in a country after retirement.
Given that the UK voted to restrict immigration from the EU the government will have to deliver some restrictions upon future EU residents moving to the UK which will be reciprocal and directly affect expats in Europe.
Healthcare is one these rights. Although bilateral treaties currently exist with EU and EEA countries they are in place only by virtue of the fact the UK was a member of the EU.
These treaties will require re-negotiation because legally the UK will be outside the union and a separate state. After Brexit all existing treaties will become void until new ones are negotiated. That is the legal and constitutional position.
I have taken legal advice on this and this described position is what has been explained to me
In short, while there is no certainty as to what the future will hold, expats’ rights will no longer be guaranteed and will be subject to bilateral renegotiation.
This uncertainty is likely to last until the UK government clearly explains it’s position and the future relationship it wishes to have after Brexit.
_______________________
Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
1
Like
|
Mickyfinn
The legal information I was given would contradict your view and the info you have received on reciprocal health care and bi lateral tax agreements
There lies the basic problem of brexit nobody really knows what will happen which is why we are in such a mess of uncertainty opinion s and rumours
_______________________
“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
0
Like
|
I have the distinct impression ether side hasn't the first clue what they are going to do, except the certain knowledge the UK is leaving the EU.
The only current outcome is similar to that of a Trump led USA, uncertainty, fear and lothing. Don't you just love politicians.
_______________________
Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
0
Like
|
Well Micky, there's always an alternative, a fascist or communist administration could suit your requirements, however neither would suit those of the majority, would they?
Do you actually want Brexit to fail, and Trump to be a disaster? I appreciate that you don't like change and feel safe within the arms of an establishment that you feel comfortable with, but is there the slightest possibility that you could be wrong? 
_______________________
IF YOU WISH TO QUOTE ANY OF MY POSTS PLEASE DO SO IN THEIR ENTIRETY AND NOT JUST A FEW SELECTED WORDS TOTALLY OUT OF CONTEXT.
THANK YOU.
0
Like
|
As we keep on saying, we HAVE a strong economy. 5th largest in the world. Why on earth would you want to change? The status quo has an excellent economic record. Anyone wanting to risk changing that, you would have to ask, changing from good to what?
1
Like
|
Bloomberg News
Investors’ concern about political shifts outside Britain is benefiting the pound.
Sterling has climbed against all of its 31 major peers since last Friday. It’s the surprise winner during the week of Donald Trump’s electoral upset in the U.S. that threw markets into turmoil as traders reappraised populist movements and inflation. The pound’s recent surge marks a reversal from last month, when it was the worst performer, trailingbehind 150 peers.
As Britain’s currency heads for its best week in more than a year versus the euro, investors are cooling on the shared currency before votes that may demonstrate the strength of anti-establishment movements in the region, particularly Italy’s constitutional referendum.
0
Like
|
I have the distinct impression ether side hasn't the first clue what they are going to do, except the certain knowledge the UK is leaving the EU.
The only current outcome is similar to that of a Trump led USA, uncertainty, fear and lothing. Don't you just love politicians.
Micky, I have news for you.
it is NOT the fault of politicians for a change, it was actually the British Public who voted marginally for Brexit, in the same way that the US public have turned away from traditional politics to try another way.
Roght or wrong and in USA case via a numerical minority, the people are fed up with existing politics as they are working for business NOT the working man.
Watch out for more shocks in EU in 2017 a peaceful and political revolution is suggesting we are not happy with unelected bureaucrats and big business telling us how to run our lives.
Power to the people as Citizen Smith would claim.
PS I am no fan of Trump.
1
Like
|
The status quo has an excellent economic record.
The EU as a whole has a lousy economic record.
the British Public who voted marginally for Brexit,
The margin was 2.3M voters.
The 'margin' would have given at least a 60 seat majority in a general election.
I have the distinct 'impression' ether side hasn't the first clue
Mrs May's decisions, actions,words and appointments since taking over lead me to the 'impression' that she knows exactly what she is doing.
This message was last edited by tteedd on 11/11/2016.
6
Like
|
Rob-j1
Most economists when comparing economic strength between countries and living conditions, or use of resources across countries, use a different method to the one you are quoting (GDP), as they prefer to use GDP per capita.
So in World GDP ranking 2016 the UK is placed 5th as shown here.
http://statisticstimes.com/economy/countries-by-projected-gdp.php
but in the World GDP per capita ranking 2016 the UK is placed 21st as shown here
http://statisticstimes.com/economy/countries-by-projected-gdp-capita.php
Moreover economists claim that using a PPP (purchasing power parity) basis is arguably more useful when comparing generalized differences in living standards between nations. PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates, which may distort the real difference in income.
But moving on to the need to review this from a wider perspective, the EU has been following policies that have failed to address the vicious cycles of low growth, high debt levels, austerity, declining productivity and stagnation.
According to this article (written back in 2014) http://www.epc.eu/documents/uploads/pub_4945_pagoulatos.pdf
the EU must develop a workable growth strategy alongside addressing the major problems of the eurozone. And this report was issued two years ago…….. (focus on growth and develop strategies to counter intolerably high levels of unemployment, build up skills, “productivity-enhancing structural reforms in these countries must be combined with large investment in education and research, new technologies, networks, health, energy,environmental sustainability and the business environment, all of which would strengthen longer-term competitiveness. “
It’s hardly surprising then that in the absence of addressing these major problems in the interim years and failure to respond to these criticisms, that there is cynicism and disillusionment with the status quo by some, and lack of belief that the EU bureaucrats are willing to urgently recognise these uncomfortable realities.
IMHO it’s almost as though they saw the answer to the problems of unemployment in isolation to the whole, and have encouraged their unemployed nationals to move elsewhere en masse, not realising the need for longer term strategies to encourage growth and investment and development from within these members states in terms of upskilling their citizens and diversifying their businesses, nor of the impact that this would have on those recipient member states exposed to swift unplanned migration .
Let's hope that our leaders both in the EU and UK start to reflect on these realities and work together towards mutually beneficial solutions post Bexit.
This message was last edited by ads on 11/11/2016.
This message was last edited by ads on 11/11/2016.
0
Like
|
Ads
I'm familiar with many methods of comparison, including the Big Mac Index (insofar as purchasing power parity is concerned).
I think my point is, whether you look at GDP, or GDP per capita, we still come out looking very well. Remember, there are around 200 countries, and whether we're 5th, 21st, or any other metric you'd choose to look at, the numbers look good. Also, dont forget that some of the GDP per capita countries look very good because they have smallish populations compared to us.
Luxemburg, Monaco, San Marino, and Hong Kong, are a complete joke. One of our cities is bigger than their entire population, so by choosing to use a per capita metric, you need to maybe factor in that theres a small population being boosted by something larger behind it.
To be perfectly honest, I'm surprised to see some of the other microstates missing, such as Andorra. Also, where is the Vatican, while you're at it?
Do you honestly think that we're doing soooooo bad economically? Come on Ads, lets not clutch at straws here.
1
Like
|
Tteedd
Nice going misrepresenting what I wrote. I was clearly talking about the economic performance of the UK, and you twist my words to focus on the EU.
You're losing credibility.
1
Like
|
Rob_j1
One person's "Misrepresentation, clutching at straws, losing credibility etc" is another persons "blinkered to some uncomfortable realities or not prepared to consider a wider perspective or alternative analysis".
Each to their own.
Any response to the wider perspective?
This message was last edited by ads on 12/11/2016.
This message was last edited by ads on 12/11/2016.
2
Like
|
Hugh wrote:
it is NOT the fault of politicians for a change, it was actually the British Public who voted marginally for Brexit, in the same way that the US public have turned away from traditional politics to try another way.
The public make a choice based solely on the format of the election. Basically it’s a simple choice of one or the other. It is then supposedly the job of politicians to implement the detail of that choice. The devil is always in the detail and the real devil is political compromise.
Whenever politicians speak it is purely spin. It is similar to advertising in that the best possible presentation is put forward to the public never the truth. They never answer direct questions because they don’t really know the answer or if they do they don’t wish to reveal it because it might damage their own position.
It’s fairly clear May and her motley crew currently don’t have much of a clue what they are doing but they are not going to come out and admit it are they? They disguise that chaos by saying everything must be kept secret because of the negotiations. Very convenient answer and I don’t buy it at all. However I have a feeling little will actually change save the appearance of no longer being an EU member. That’s my best hope from this disaster.
They don’t know what they can achieve either until they discover the EU commission’s position, most of which has been revealed and is no secret and directly conflicts with the UK’s own aspirations so something has to give.
Trump is already shamelessly rowing back from campaign promises. What fools they take the electorate for. Someone once said “If voting really changed anything they would make it illegal” So true.
_______________________
Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
1
Like
|
Well the £ € tourist exchange rate stands at 1.1445 with TFX this morning, it has almost reached it's 2013 rate. I was listening to an interview with Ian Duncan Smith who stated that the 'Special Relationship' between the UK and USA ceased to exist 8 years ago, when Obama became president, perhaps he and his 'establishment' minions in the US Treasury conspired to destroy Sterling post Brexit and have ceased their dirty tricks now that Trump has been elected.
_______________________
IF YOU WISH TO QUOTE ANY OF MY POSTS PLEASE DO SO IN THEIR ENTIRETY AND NOT JUST A FEW SELECTED WORDS TOTALLY OUT OF CONTEXT.
THANK YOU.
0
Like
|