•   
  •   
  •   

World China’s Jet and Aerospace Giant Could Land in U.S. Crosshairs

02:05  13 october  2020
02:05  13 october  2020 Source:   bloomberg.com

China is cracking down on yet another Muslim minority — the 10,000-person island Utsul community — while continuing its crusade against Uighurs

  China is cracking down on yet another Muslim minority — the 10,000-person island Utsul community — while continuing its crusade against Uighurs Last month China banned the Utsuls from wearing hijabs in schools and government offices, according to the South China Morning Post. They are a group of around 10,000 who reside in Sanya, a city on the southern Hainan island, and are predominantly Muslim. Last month, Beijing banned the hijab and long skirt worn by Utsuls in schools and government buildings, according to party documents seen by the Post. The news comes as China continues to persecute Uighur Muslims in Xinjiang.

On the Mapping China ’ s Technology Giants website you’ll find a dataset that geo-codes and analyses major points of overseas presence, including 5G relationships; ‘smart That’ s not correct. Huawei works directly with the Chinese Government’ s Public Security Bureau in Xinjiang on a range of projects.

Margrethe Vestager, the EU' s digital-policy and antitrust czar, detailed for the first time a comprehensive plan of how she aims to rein in U . S . tech giants The EU' s current e-commerce rules date to the year 2000, "when no one could have foreseen the situation we're in today, that platforms would not just be

(Bloomberg) -- China put on a spectacular military parade to celebrate the 70th anniversary of Communist Party rule last year, and President Xi Jinping wasn’t the only star of that show.

As Xi and other leaders watched from a Tiananmen Square grandstand, a squadron of fighter jets, attack helicopters, troop transports and surveillance planes roared overhead in a display orchestrated to impress TV viewers at home and warn potential aggressors abroad. The company that made those aircraft: Aviation Industry Corp. of China (AVIC), a state-owned conglomerate with 100-plus subsidiaries and 450,000-plus employees — more than Boeing Co. and Airbus SE combined.

On trip to China's backyard, Pompeo boosts anti-Beijing 'Quad' alliance

  On trip to China's backyard, Pompeo boosts anti-Beijing 'Quad' alliance The foreign ministers of the United States, Japan, Australia and India — known as the "Quad" alliance — last met in New York in 2019. "As partners in this Quad, it is more critical now than ever that we collaborate to protect our people and partners from the CCP's exploitation, corruption and coercion," Pompeo told reporters in Tokyo, referring to the ruling Chinese Communist Party."America stands with each of you," added Pompeo, a longtime critic of Beijing.China has previously denounced the grouping as an attempt to contain its development, and last week warned against "exclusive cliques.

Regional jets are an odd fit for China ’ s large and growing aviation market, but that hasn’t stopped state-owned and controlled airlines from placing While the ARJ21 has technically been in service for a few years now, the recent simultaneous delivery to China ’ s largest airlines represented a turning

China ' s 70th anniversary parade featured stealth drones, hypersonic missiles and other sophisticated weapons systems that can challenge the U . S . Despite starting technologically well behind America, China has developed new systems faster and more cheaply to fend off the U . S . in East Asia.

Being China’s premier military aerospace contractor and a pillar of Xi’s strategy to become an industrial superpower are enough by themselves to warrant attention from the U.S. government. But AVIC builds more than war machines, running a civilian business that makes airliners and private jets — some built with parts made by joint ventures with American companies.

“AVIC is aspiring to be China’s Boeing and Airbus,” said Zhanfu Yu, a partner with consultancy Roland Berger in Beijing focusing on aerospace and defense. “Aerospace is a capital-intensive industry and, therefore, fits with China’s state system. AVIC has benefited from such state backing.”

With relations between Washington and Beijing deteriorating, and companies increasingly being caught in the crossfire, AVIC could join Huawei Technologies Co., ByteDance Ltd.’s TikTok and Tencent Holdings Ltd.’s WeChat as a target for U.S. politicians wanting to crack down on China’s reach. President Donald Trump’s administration in June already put AVIC on a list of firms it says are controlled or owned by China’s People’s Liberation Army.

China is getting ready to field its 3rd aircraft carrier — here's why they're no match for US flattops

  China is getting ready to field its 3rd aircraft carrier — here's why they're no match for US flattops China likes to brag about its two carriers and the third it's building, but they've got a long way to go to catch up with the US's 11 flattops.China has two carriers in service with a third on the way. The first, the Liaoning, was commissioned in 2012, while the second, the Shandong, was commissioned in December 2019.

China is making its boldest attempt yet to break the stranglehold that Airbus SE and Boeing Co The engines and landing gear are from overseas manufacturers. The Chinese jet demonstrates the That support is one reason China ’ s attempt to build big jets is faring better than efforts in Japan and Brazil

See more ideas about Military aircraft, Fighter jets , Aircraft. Aerospace engineers have come up with some revolutionary forward-thinking amazing straight-up insane designs. Factors such as runway and airport improvements added to the viability of land -based aircraft, which did not have the weight and

AVIC hasn’t addressed those allegations publicly and didn’t respond to requests for comment for this story. The government says it owns AVIC.

The Beijing-based conglomerate is one of the biggest military contractors in the world, with revenue of 461.8 billion yuan ($68.5 billion) last year, according to data compiled by Bloomberg. That’s more than Lockheed Martin Corp., General Dynamics Corp. or Northrop Grumman Corp.

But unlike many other companies on the Pentagon list, such as China Shipbuilding Industry Corp. and China Mobile Communications Group, AVIC has a footprint in the U.S. reaching from the Gulf of Mexico to the Great Lakes.

AVIC has joint ventures with some of the top U.S. names in aerospace. A partnership with General Electric Co. makes avionics solutions such as flight recording systems; another with Honeywell International Inc. makes flight-control hardware and software; and a venture with Textron Inc. makes Cessna business jets.

Historian Hal Brands on COVID-19's effect on world order

  Historian Hal Brands on COVID-19's effect on world order On "Intelligence Matters," Mike Morell speaks with Brands about the opportunities that may emerge from the COVID-19 outbreak, as well as the challenges.HIGHLIGHTS: 

Business News › News › Defence › China says to sanction US aerospace giant Lockheed Martin over Taiwan missiles sale. The company is the main contractor for a 0 million upgrade package for Taiwan' s Patriot surface-to-air missiles. China strongly opposes all U . S . arms sales to democratic

China ' s first modern passenger jet took off on its maiden test flight, giving wings to President Xi Can high-tech wizardry lift its economy to the skies? China is on a mission to upgrade its factories There’ s more to it, too, than building reliable aircraft: Comac will have to compete with the industry giants on

These partnerships potentially make AVIC vulnerable to U.S. attention because they create national-security concerns, said Oriana Skylar Mastro, a center fellow at Stanford University’s Freeman Spogli Institute for International Studies. Xi has said China’s civilian companies must cooperate with the military to strengthen its ability to innovate in science and technology.

That campaign includes improving the nation’s defense capabilities in air and space, Mastro said.

“AVIC probably has a role in a lot of those other realms,” she said. “We need to keep an eye on it.”

AVIC and its many partnerships with multinationals also present challenges for China hawks in the U.S. who favor “ decoupling,” she said, referring to forcing companies to sever ties with counterparts in China.

“This highlights the challenges of decoupling,” Mastro said, “because in China you don’t have clear breaks between many public and private companies, and between civilian and military ones.”

Many big European aerospace companies work with AVIC, too.

Airbus owns 5% of one AVIC subsidiary and also has a joint venture to make composite material parts and components for jets such as the A320. The Chinese company works with Paris-based Safran SA, as well, to make turbine blades and casings for aircraft engines, and other parts.

China Covid-19 vaccine: Inside the company at the forefront of China's push to develop a coronavirus vaccine

  China Covid-19 vaccine: Inside the company at the forefront of China's push to develop a coronavirus vaccine Inside the white, sterile walls of a new building on the southern outskirts of Beijing, two employees donning masks and rubber gloves are busy pipetting a clear, colorless liquid into rows of small vials. © NICOLAS ASFOURI/AFP/AFP via Getty Images In this picture taken on April 29, 2020, an engineer shows an experimental vaccine for the COVID-19 coronavirus that was tested at the Quality Control Laboratory at the Sinovac Biotech facilities in Beijing.

China ’ s artificial islands are a symbol of its revisionism in the South China Sea, but they’re also militarily significant.

The China Aerospace Science & Industry Corporation Limited (CASIC) is a Chinese state-owned enterprise that designs, develops and manufactures a range of spacecrafts, launch vehicles, strategic and tactical missile systems, and ground equipment.

Trump’s administration, in addition to accusing AVIC of being an arm of China’s PLA, also unveiled more restrictive guidelines regarding business partnerships that might benefit the Chinese military. The president said Sept. 7 he wants to forbid companies outsourcing to China from winning federal contracts, but he’s yet to detail what that may involve.

“I don’t want them building a military like they’re building right now and they’re using our money to build it,” Trump said last month.

AVIC is one of almost 100 companies reporting to the State-owned Assets Supervision and Administration Commission of China’s State Council, according to the commission’s website. The body, known as SASAC, represents Beijing’s voice in company boardrooms.

One of AVIC’s American subsidiaries is engine-parts maker Continental Aerospace Technologies, headquartered in Mobile, Alabama. Continental, founded in 1905 and acquired by AVIC in 2011, received at least $5 million in coronavirus relief funds from the U.S. Treasury this year.

Another subsidiary, Nexteer Automotive Group Ltd., a Michigan-based producer of steering systems, received more than $60 million in research-and-development assistance from the U.S. government in 2018 and 2019, according to company filings. That’s in addition to state aid.

China's Arctic ambitions have revived US interest in the region

  China's Arctic ambitions have revived US interest in the region As part of its global Belt and Road Initiative, China is investing in the Arctic — setting up research stations, investing in mining and energy, and working with Russia to create a new sea route through the Arctic Ocean. It's also stoked concerns from the US.The harbor of Nuuk, Greenland's capital.

Those are relatively small sums for a behemoth like AVIC. More importantly, its acquisitions of small and midsize enterprises provide access to manufacturing expertise and other skills with civilian and military applications, said Michael Raska, an assistant professor at Nanyang Technological University’s S. Rajaratnam School of International Studies in Singapore.

“You have innovation aspects that can be transferred into military development,” Raska said. “It’s not only about the technology — it’s about ensuring the quality, reliability and performance of the production.”

Since 2008, AVIC has spent at least $3.3 billion acquiring at least 20 aerospace, automotive and engineering companies, primarily in the U.S. and Europe, the U.S.-China Economic and Security Review Commission said last year.

a group of people standing in a room: Operations Inside The Cirrus Aircraft Manufacturing Facility © Bloomberg Operations Inside The Cirrus Aircraft Manufacturing Facility

Now, with Trump focused on Chinese corporate power and bringing Beijing to account, AVIC’s Western partners may start feeling political heat from Washington to unravel beneficial alliances.

“If you sell paper cups to AVIC, then you are part of the Chinese military establishment if they interpret it broadly,” said Scott Kennedy, a China scholar at the Center for Strategic & International Studies, a bipartisan research center in Washington with prominent Republicans and Democrats on its board.

Continental Aerospace and Nexteer didn’t respond to requests for comment.

GE and Airbus said in separate statements their partnerships with the Chinese conglomerate follow relevant laws and regulations.

China is back to normal — the US and Europe are not. Here's how it succeeded.

  China is back to normal — the US and Europe are not. Here's how it succeeded. China stamped out COVID-19 within months and has responded to small outbreaks by testing entire cities in days.It is a startling reversal from January and February, where China appeared to be in chaos as the rest of the world looked on.

“Our JV with AVIC was carefully negotiated to ensure compliance and data security for its commercial-only technology,” Boston-based GE said.

Textron, based in Providence, Rhode Island, and Safran declined to comment. Charlotte, North Carolina-based Honeywell didn’t respond to requests for comment.

China kept quiet in June after the Pentagon released its initial list of Chinese companies with suspected military links, but the country’s foreign ministry criticized the U.S. on Sept. 1 after the U.S. accused 11 more state-backed entities of being PLA surrogates.

“The U.S. has time and again stretched the concept of national security and abused national power to suppress certain Chinese companies, which is in serious violation of market principles and international trade rules,” said Hua Chunying, a Chinese foreign ministry spokeswoman.

AVIC’s roots date to an aviation bureau the Communist government started in 1951, when Chinese soldiers were fighting Americans in the Korean War.

But AVIC churned out inferior products for decades and, as recently as the early 2000s, the Chinese military largely relied on imports from Russia, said Tai Ming Cheung, a professor at the University of California San Diego’s School of Global Policy and Strategy, and author of several books about China’s military.

After taking its current corporate form in 2008 with the merger of two state companies, AVIC put more money into research-and-development and eventually produced some key weaponry in China’s air force, including the J-20 stealth fighter, the Y-20 large transport and the Z-19E attack helicopter.

“The J-20 has the potential to provide China with a variety of previously unavailable air combat options and enhance its capability to project power,” CSIS, the Washington-based think tank, said in a report.

Fact-checking Trump's massively dishonest weekend: The President made at least 66 separate false or misleading claims in three days

  Fact-checking Trump's massively dishonest weekend: The President made at least 66 separate false or misleading claims in three days President Donald Trump's dishonesty is getting worse. © Mandel Ngan/AFP/Getty Images US President Donald Trump gestures during a rally at Southern Wisconsin Regional Airport in Janesville, Wisconsin on October 17, 2020. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) Trump has been reliably deceptive for his entire presidency, filling his speeches and tweets with lies and other false statements.

Works in progress, according to Chinese state media, include a stealth fighter and a seaplane that would be the world’s largest amphibious aircraft.

“There is still a gap between where AVIC is and where the U.S. is, but AVIC has been able to slowly narrow that gap,” Cheung said.

As an integral part of Xi’s “Made in China 2025” program to reduce reliance on critical technology imports, AVIC is a shareholder in the Commercial Aircraft Corp. of China, or Comac, which is building alternatives to Boeing and Airbus planes for Chinese carriers.

AVIC also backs Aero Engine Corp. of China, which wants to compete with jet-engine makers GE, Raytheon Technologies Corp.’s Pratt & Whitney and Rolls-Royce Holdings Plc.

Under Xi, the government is increasing defense spending and promoting greater integration between companies and the PLA. China formed the Central Commission for Integrated Military and Civilian Development in 2017, and Xi oversees it.

“AVIC is in a natural position to promote military-civilian technology fusion,” said Yu, the Roland Berger partner.

The integration push comes as military tensions rise everywhere from China’s border with India to the Taiwan Strait, with the government sending AVIC-made planes to fly over disputed areas and warn potential adversaries not to underestimate the People’s Liberation Army.

China’s official budget showed the equivalent of about $189 billion in defense spending this year, compared with about $177 billion in 2019. Outside analysts agree that the country spends more than the official figures reveal, though, with the Stockholm International Peace Research Institute putting the total for 2019 at $261 billion.

That’s still dwarfed by the U.S. budget of $732 billion.

As the U.S. presidential election approaches, a crackdown on Chinese influence is one of the few foreign policies that politicians from both parties can support. The Democratic Party platform behind presidential candidate Joe Biden contains repeated promises to stand up to China, and House Speaker Nancy Pelosi is a longtime critic of Beijing.

“The rules have changed,” said Malcolm Davis, a senior analyst at the Australian Strategic Policy Institute in Canberra. “Commercial companies are all going to think long and hard of the national-security consequences of engaging with a Chinese company.”

For more articles like this, please visit us at bloomberg.com

©2020 Bloomberg L.P.

Fact-checking Trump's massively dishonest weekend: The President made at least 66 separate false or misleading claims in three days .
President Donald Trump's dishonesty is getting worse. © Mandel Ngan/AFP/Getty Images US President Donald Trump gestures during a rally at Southern Wisconsin Regional Airport in Janesville, Wisconsin on October 17, 2020. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) Trump has been reliably deceptive for his entire presidency, filling his speeches and tweets with lies and other false statements.

usr: 6
This is interesting!