Earlier quoted context omitted.
Thereby giving the Chinese a great incentive to copy them, after all they're being ripped off. That's pretty much analogous to people copying music because they've been ripped off for so long.
Apologies for not being clearer. I believe that they agreed to this co-development project because they are getting a good deal; as in, no being charged 10x because they're chinese. They will have ample opportunity for the technology transfer required to do the next 800 on their own. And Bombardier will have their opportunity to compete on the next project. But the pessimist in me also believes that Bombardier will d…
China Buys 80 Very High Speed Trains (236 mph) for $4 Billion
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Re: China Buys 80 Very High Speed Trains (236 mph) for $4 Billion
#32Totalitarianism has its efficiencies.
Totalitarianism is very efficient until the people realize material wealth without political freedom is hollow.
We'll see what happens when there is a real hiccup in the system. They've enjoyed huge growth for so many years.
Note that I'm saying you're wrong, and people will tolerate political oppression while they have increasing material wealth. When things go bad, they might go really bad.
Re: China Buys 80 Very High Speed Trains (236 mph) for $4 Billion
#33Re: China Buys 80 Very High Speed Trains (236 mph) for $4 Billion
#34Totalitarianism has its efficiencies.
Let's get excited about the efficiencies when the product is delivered on schedule, on budget, and with good quality. Governments the world over announce wondrous things like this all the time, but none of them have a lock on going over budget, over schedule, and with distinctly less quality than was promised. (I'm not saying all government projects are failures; if you thought I said that, read more carefully please…