How Boeing and Airbus Could Counter China’s Homegrown Comac Jets | WSJ

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  • Опубликовано: 13 июл 2021
  • Boeing and Airbus dominate global aviation, but China’s Comac wants to challenge the duopoly with new planes. WSJ’s Jon Sindreu explains how supply chains, technology and geopolitics could help the Western aircraft makers to protect key markets. Photo Composite: George Downs
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    #WSJ #Boeing #Airbus #Comac

Комментарии • 888

  • @grade12purity41
    @grade12purity41 2 года назад +334

    the only problem of the West is if they see a progress in China... they consider it as a threat.... competition is always beneficial for the consumers

    • @magicmagus1459
      @magicmagus1459 2 года назад +18

      @pace kenelm ok bot...as longs as china copies and steals everything from usa, it cant even be considered as a candidate in anything

    • @khrushchyovka8261
      @khrushchyovka8261 2 года назад +32

      @@magicmagus1459 but it doesn’t copy everything that’s the thing

    • @magicmagus1459
      @magicmagus1459 2 года назад +8

      @pace kenelm 1. Advancement builds from former theories, yes..but this has nothing to do with China stealing ip from US universities, hacking us government agencies, copying US military tech
      2. Except China sends literal spies and government CCP employees to take advantage of a free and open US system whereas one cant even enter china without registering with the nearest police station
      3. Virtually no one other than China has this clause of tech transfer. Basically, it is a means for China to copy of the naval of hard work and research done by the US and profit of it by replicating it for a cheaper price. No country other than China engages in such absurd behaviours...
      Considering ur a bot paid by Cjina, ur arguments r weak. They should fire u, stop embarrassing urself. China will never surpass US as long it keeps trying to unfairly profit of off US tech advancement and innovation.

    • @stevensum2011
      @stevensum2011 2 года назад +9

      China will have hard time exporting it planes just like cars.

    • @Tacit_Tern
      @Tacit_Tern 2 года назад +5

      No one thinks in terms of east/west except for those in the CCP who are still suffering from the psychological scars of what the CCP had done to its own people. The greatest threat to the Chinese has always been its own government; the Cultural Revolution was evidence of that, and is why my family fled from China to the United States.
      Had it not been for "the west".... china wouldn't even exist. And if it weren't for the United States, China wouldn't even be relevant. CCP literally and figuratively bites the hands that feed, when they refuse to obey the agreed upon rules of international law. This is 2021. China behaves like its 1821.

  • @regolith1350
    @regolith1350 2 года назад +55

    "Boeing relies on decades of manufacturing experience..."
    Good luck with that because Boeing management has been ignoring their engineers' advice and warnings for the past two decades. They've also been outsourcing more and more, so how much actual manufacturing experience do they still have?

    • @seanutarbuckle6457
      @seanutarbuckle6457 2 года назад

      hey bigot its more important our planes are created by strong trans black womxn of color than the planes actually working ok ?

    • @maximme
      @maximme Год назад +3

      agree,
      its scary what's happening at Boeing.
      Culminating in the disaster of 737 Max.
      BUT those good engineers have already left....

  • @perfectstudents8361
    @perfectstudents8361 2 года назад +214

    All major plane manufacturers in the US, Europe, China, and Russia get billions in terms of government subsidies. Nobody can depend on themselves to produce good planes.

    • @bungkusi2432
      @bungkusi2432 2 года назад +16

      Nope.
      Only Boeing eating American tax.

    • @alexlo7708
      @alexlo7708 2 года назад +11

      Even Brazil Embraer also eat their government subsidized until they don't pay.

    • @forgaoqiang
      @forgaoqiang 2 года назад +14

      @@bungkusi2432 Airbus toke a lot money from the government too

    • @tassolajee6305
      @tassolajee6305 2 года назад +2

      737 always crashing and killing people

    • @juvent.h6699
      @juvent.h6699 2 года назад +3

      Car makers too

  • @supervince110
    @supervince110 2 года назад +66

    What's wrong with more competition?

    • @ansalan7734
      @ansalan7734 2 года назад +12

      For the public, competition is good for prices, but for capitalists, competition will be more stressful.
      Why not legislate to ban Chinese aircraft to maintain a monopoly?
      Guess whether American capitalists have the ability to influence Congress.

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад +1

      Commie states must not live. Taiwan needs to rule.

    • @YouCCP2
      @YouCCP2 2 года назад +16

      Western Capitalists are afraid of competition.

    • @TricycleRaider
      @TricycleRaider 2 года назад +2

      @@Erik-rp1hi bro, you think if taiwan take over all of china, then they still be a willing bigger pet of USA? instead of becoming the giant its size promises and do the same as what China now is doing?

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      @@TricycleRaider Pet, no but ally yes. North Korea watch out. Iran too.

  • @csren8328
    @csren8328 2 года назад +147

    If u can't compete, just kidnap the company CEO like usual... 😂🤣

    • @DL-wr6gq
      @DL-wr6gq 2 года назад +37

      Or CEO's daughter when she's in Canada. Lol

    • @csren8328
      @csren8328 2 года назад +3

      @@DL-wr6gq 🤣🤣🤣

    • @defencebangladesh4068
      @defencebangladesh4068 2 года назад

      😅

    • @S2Tubes
      @S2Tubes 2 года назад +1

      If they're stupid enough to commit fraud, and go to a country that extradites, then that could work. It's not quite the usual strategy though.

    • @csren8328
      @csren8328 2 года назад +12

      @@S2Tubes is there any evidence???

  • @helendelarosa3811
    @helendelarosa3811 2 года назад +268

    Competition is good, there is improvement

    • @sophisticatedthumb5364
      @sophisticatedthumb5364 2 года назад +30

      they dont want competition

    • @oceanwave4502
      @oceanwave4502 2 года назад +20

      Iran, Venezuela, Cuba... and the likes may be interested in such planes. They have been sanctioned by the West. The whole Africa, who likes cheap and 'good-enough' products, can be potential clients for China planes.

    • @TheZachary86
      @TheZachary86 2 года назад +6

      Really? Seems like EU and US forming a Duopoly

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      No, not with a state like the CCP. Carrier killer missile need no funding from the US. Bury the Comac copycat.

    • @TheZachary86
      @TheZachary86 2 года назад +9

      @@Erik-rp1hi
      Ah yes, the killing innocent civilian commenter is here

  • @MrStevemur
    @MrStevemur 2 года назад +78

    In the old days we had to delve a bit to discover that the US doesn’t really practice capitalism and free markets. Kids today get it straight out from WSJ.

    • @ApplePotato
      @ApplePotato 2 года назад

      Fair competition is only used to force people to buy our products.

  • @yongy2000
    @yongy2000 2 года назад +74

    Comac has both European and American suppliers for almost all major components of the plane, including the engine itself. So, it's really a global product that benefits everyone from suppliers to end consumers.

  • @shinchan-F-urmom
    @shinchan-F-urmom 2 года назад +62

    Fun Fact for all the American allies : US choked and killed Canada's *Bombardier* plane company because Boeing couldn't compete. Classic American technique. Even Russian jets don't get FAA certification, but Boring 737 Max got it.

    • @lazycatBill
      @lazycatBill 2 года назад +5

      A country does not have permanent friends,only permanent interests. US does not have allies except money

    • @jayl2499
      @jayl2499 2 года назад +10

      Ya, the c series was a great success for Bombardier. It can potentially turn the company over in its aviation division until the US banned it's sales in US. Now the company is virtually dead in its aviation division. However, we Canadian seem to have very short term memories about the unfair treatment that the US did to us.

    • @1cecreampize197
      @1cecreampize197 2 года назад +1

      @@jayl2499 as a Chinese Canadian a felt that

    • @ksneoh3572
      @ksneoh3572 Год назад

      @@jayl2499 Canadians need to fire Justin Trudeau

    • @karlmin8471
      @karlmin8471 11 месяцев назад

      "It may be dangerous to be America's enemy, but to be America's friend is fatal."

  • @Marylandbrony
    @Marylandbrony 2 года назад +291

    Wall Street Journal, stop treading on Wendover productions territory, he's going to be mad and oh no he's here!

    • @charles1567
      @charles1567 2 года назад +13

      WSJ is always a copycat.

    • @jaaaaa901
      @jaaaaa901 2 года назад

      @@charles1567 llllllll

    • @tassolajee6305
      @tassolajee6305 2 года назад +3

      737 always crashing and killing people

    • @muhammadjamil1467
      @muhammadjamil1467 2 года назад

    • @chairminh
      @chairminh 2 года назад +3

      WSJ's quality is way better than Wendover's. Have you noticed that Wendover is now like 90% stock video?

  • @pohmoh3590
    @pohmoh3590 2 года назад +135

    Anyone who can build spacecraft, can build aircraft - Airbus CEO

    • @pohmoh3590
      @pohmoh3590 2 года назад +10

      @pm Airbus ceo saying space flight is more complicated air travel.
      Sure China buy engines from GE, control systems from honeywell.
      Meanwhile China is developing own engines est 2025

    • @andrewlarson7895
      @andrewlarson7895 2 года назад +2

      @pm all of our technology they stole from us. that's the only reason why they, should be 110 years behind us in military, but from them stealing our technology they're within about 20 years

    • @leihtory7423
      @leihtory7423 2 года назад +6

      @pm welp Boeing doesnt make jet engines.
      However these companies do. GE, Rolls Royce, Pratt & Whitney & etc.

    • @leihtory7423
      @leihtory7423 2 года назад +8

      @@andrewlarson7895 Countries like China and Brazil. have come to a realization you do not really need Boeing.
      What you need are just the Jet engine Manufacturers.

    • @andrewlarson7895
      @andrewlarson7895 2 года назад +1

      @@leihtory7423 yes because as far as china the buying Western components to build their Jets.

  • @vaibhavkasotiya8452
    @vaibhavkasotiya8452 2 года назад +189

    The capitalist world is afraid of competition??🤔🤔

    • @chaithanyarao3475
      @chaithanyarao3475 2 года назад +17

      from a communist country that does not allow any competition!

    • @sumitsom2756
      @sumitsom2756 2 года назад +5

      Because they subside and make Airbus and Boeing Fight to force them to offer technology transfer who will not offer it will not be allowed Chinese market.

    • @hydrolifetech7911
      @hydrolifetech7911 2 года назад +36

      @@sumitsom2756 There is no forced technology transfer in this instance because neither Boeing nor Airbus manufacture in China. Stop spreading falsehoods

    • @hydrolifetech7911
      @hydrolifetech7911 2 года назад +31

      @@sumitsom2756 Also both Boeing and Airbus receive a lot of subsidies from US and EU respectively

    • @shawnchuang1101
      @shawnchuang1101 2 года назад +6

      @@chaithanyarao3475 ah yes and there is so much competition in the aircraft industry in the US and EU 🙄

  • @youngz13o
    @youngz13o 2 года назад +85

    2:30 so now competition from China is a threat… gee I wonder what happened to the free market?

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад +1

      Decouple from China, best way forward. Safer for sure.

    • @youngz13o
      @youngz13o 2 года назад +22

      @@Erik-rp1hi didnt trump try that? :) imports exploded to the USA all last year haha

    • @tubeyou8605
      @tubeyou8605 2 года назад +7

      @@Erik-rp1hi %80 electronic made in China. If you don't own anything made in CHina then i m with you. Remember boycott always begin with the initiator.

    • @loungingcat
      @loungingcat 2 года назад

      @@tubeyou8605 I try whenever I can. I noticed that a lot of clothes have started to come from Bangladesh and Vietnam. Where the piece of clothing is made is one of my considerations, and most of the time I put it back down when I see it's made in China.

    • @innosam123
      @innosam123 2 года назад

      @@youngz13o Overall trade fell dramatically. The issue with China is that they already fired their one main shot in the Trump tariff fight- agricultural goods- which is why the nominal deficit increased.
      The trade war was pretty tame in comparison to eg. sanctions vs Russia.

  • @cleve21ful
    @cleve21ful 2 года назад +168

    USA & Europe: We like our duopoly market! We cannot allow China to build their own aviation company that could eat our lunch in the future!

    • @IllusiveDude
      @IllusiveDude 2 года назад +9

      It's just business

    • @magicmagus1459
      @magicmagus1459 2 года назад +19

      think you mean: "We cannot allow China to copy our aviation company that could eat our lunch in the future!" nice try tho bot...copying everything by hacking and stealing should be encouraged according to bots

    • @RM-el3gw
      @RM-el3gw 2 года назад +2

      Is that news to you? That's business everywhere, child. Grow up

    • @luckcharlie1
      @luckcharlie1 2 года назад +30

      @@magicmagus1459 If their technologies are so easily stolen, it definitely proves that those stolen techs are not as sophisticated as you fantasized.

    • @alexlo7708
      @alexlo7708 2 года назад +1

      Don't try using your products as weapons in sanction issue. That will made your product live on other market as long as it could be. Otherwise one who sees you as unreliable businessman will make a substitute products to replace.

  • @lijiayi0921
    @lijiayi0921 2 года назад +8

    Boeing & Airbus : let's take Comac down
    Boeing : let Comac take Airbus down
    Airbus : let Comac take Boeing down

  • @emmacares426
    @emmacares426 2 года назад +46

    Competition is good for the consumer

    • @user-kd5zg5ht2i
      @user-kd5zg5ht2i 2 года назад +3

      but its not good for some companies' market shear

    • @raylopez99
      @raylopez99 2 года назад

      In the end, the West will have nothing but "experiences" (service industries) to offer international consumers. Essentially the West will become a tourist destination for Asians. A consequence of resting on one's laurels and not investing in the future.

    • @Mighty221187
      @Mighty221187 2 года назад +3

      Does China mandating that all domestic airlines buy only COMAC planes sound like fair competitive practices to you? Think again.

    • @maa1649
      @maa1649 2 года назад +2

      @@raylopez99 dream on dude, if you really think that you are clearly not present. The West innovative enormously important technology and industry all the time, they will remain important for international customers.

    • @user-kd5zg5ht2i
      @user-kd5zg5ht2i 2 года назад +2

      @@Mighty221187 I did not say it was fair competition. What I meant is competition can make it hard for companies to maintain their market share

  • @jifa17
    @jifa17 2 года назад +22

    More competition please.

  • @shinchan-F-urmom
    @shinchan-F-urmom 2 года назад +24

    "If you cannot beat them, BAN them."
    -USA

    • @Incognitomode478
      @Incognitomode478 7 месяцев назад

      Could say the same thing about China banning Google, RUclips, Uber, Netflix, and Facebook, etc. What an irrelevant comment to post😂

  • @cdv130
    @cdv130 2 года назад +18

    Embraer: Am I a joke to you?!?

  • @masonmason6260
    @masonmason6260 2 года назад +60

    Hopefully COMAC will be able to break the duopoly

    • @china_tiktok
      @china_tiktok Год назад

      Absolutely, the world needs better and more cost-effective aircraft.

  • @Mikemenn
    @Mikemenn 2 года назад +44

    Need to normalize audio: too loud in some places, too soft in others.

  • @Alesscamera
    @Alesscamera 2 года назад +19

    Western countries: “competition is good”, China competes: “competition is bad”

    • @DontUputThatEvilOnMe
      @DontUputThatEvilOnMe 2 года назад +2

      Competition is bad when China doesn’t play by the same rules and steals IP.

    • @Alesscamera
      @Alesscamera 2 года назад +11

      @@DontUputThatEvilOnMe what they steal? The high speed train tech of the US that doesn’t exist? Online payments of the Us that doesn’t exist? Or making an aircraft for their regional market?

    • @DontUputThatEvilOnMe
      @DontUputThatEvilOnMe 2 года назад +1

      @@Alesscamera Most of it is aerospace technology followed by automobile design, Jesus you can type in Chinese knock off on the internet and get pictures and images of thousands of different things. And online payments doesn’t exist in America? Lol you obviously never been to the USA. Sure USA doesn’t have high speed trains but where did Chinese copy those from? Europe. I’m not saying China copies everything but they copy a lot western companies which have been increasing their information security capacity because of China. It’s so obvious this is going you can believe what you want just keep your head in the sand.

    • @murama6319
      @murama6319 2 года назад

      @@DontUputThatEvilOnMe so what is bad on that

    • @sadiqkhawaja7019
      @sadiqkhawaja7019 2 года назад +3

      @@DontUputThatEvilOnMe Don't forget that the US made its name by stealing thousands of designs from the British in the 19th century.

  • @malekzin4788
    @malekzin4788 2 года назад +15

    One reason to counter is if you learn how to build passenger planes, you’ll learn how to build military planes. R&D in aviation means china can make better bombers / fighters and jet engines.

    • @lisa.e5776
      @lisa.e5776 2 года назад +14

      The western countries can made weapons to invade and bring wars for centuries. Vice versa, the easterners are not allowed to build their own aircrafts or weapons to protect their people and interest.
      No, because the West are trying to act as the "God" itself. They are the one who decide about all those rules and regulations of human beings 😂

    • @vezdesuchiy
      @vezdesuchiy 2 года назад +3

      It didn't work that. First you build a military plane, passenger ones second. From a country that made its first passenger jet out from a tactical bomber.

  • @NahMate
    @NahMate 2 года назад +48

    How Boeing and Airbus Could Counter China’s Homegrown Comac Jets: you can't

    • @KarlenBell
      @KarlenBell 2 года назад +4

      "Homegrown" with most of it components imported from America, lol

    • @ImNoHeroSCA
      @ImNoHeroSCA 2 года назад +10

      @@KarlenBell C919 use western components because they want to get FAA certificate easier. It is not impossible to find replacement from China and Russia

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      No but Washington can by not allow US products to be used. Just like what happen to Huawei. They're gone.

    • @kimtau87
      @kimtau87 2 года назад

      @@Erik-rp1hi Huawei is not gone. They have been making huge profits in China building millions of 5G networks. Only the smartphone business has gone down for now because of higt tech chip supplies problem. They have realised a fully functional Operating system Harmony OS. They have already developed their own Chip designs but can't have them produced. So they have to wait for the development of local fabs. Meanwhile, Xiaomi has taken their place on gadgets

    • @lifeisgood141
      @lifeisgood141 2 года назад

      @@KarlenBell And imported from other countries as well. And Boeing and Air bus' components and parts are made in China.

  • @Iam0ne1
    @Iam0ne1 2 года назад +12

    Bruh these people think the world belongs just to them lol

    • @darthvadeth6290
      @darthvadeth6290 2 года назад

      century old imperialist mindset doesn't change that easily

  • @bungkusi2432
    @bungkusi2432 2 года назад +16

    Really hope the best for Comax.
    Boeing with the 737 max fiasco show the era of Boeing already over.

  • @Mayangone
    @Mayangone 2 года назад +5

    Boeing 737 Max is not allowed to fly in China, thus all other airlines serving the China market cannot use 737 Max.

  • @xgguo3531
    @xgguo3531 2 года назад +2

    Has a serious competitor of airplane manufacturing should be good, especially when Boeing messed up its safety and quality.

  • @donkeykong516
    @donkeykong516 2 года назад +30

    So much for fair competition, for the west it’s fair competition when it’s convenient...lol...sour grapes

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад +1

      A nation with carrier killer missiles needs no help from the West. In fact I'm sadden that Washington does not bury the CCP. I would.

    • @donkeykong516
      @donkeykong516 2 года назад

      @@Erik-rp1hi What makes you think Washington hasn’t tried burying China=CCP, Washington realizes it can’t because China is too big to bully & too cynical to charm, real reason is US rise has been on the back of China. US gets free products & pays with money it can print anytime, oh that money US prints like as if there’s no tomorrow has been bought up by China in form of bonds. Since Trump era tariffs that increase US consumer goods & lately China has backed off on buying US bonds and you now see inflation go thru the roof. Yellen doesn’t know that to do, her go to ponzu scheme victim China isn’t playing ball.

  • @curiouspeople6441
    @curiouspeople6441 2 года назад +8

    the more competition the better,

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      Commie states should not survive off Western tech. No parts are to be used from the free world states. COMAC is history then.

    • @mobeyond
      @mobeyond 2 года назад

      @@Erik-rp1hi oh... commie is bad, donkey&elephant is good,
      noice

  • @matthewsjardine
    @matthewsjardine 2 года назад +50

    I am not generally a fan of the way China conducts its business (often with heavy government involvement), however, I do not see that much of a problem here. For Airbus and Boeing, this is a call to action. For the rest of us, this is a good thing. More competition; perhaps something that will get the two duopolistic incumbents to kick it up a notch. This is the kind of thing we need. As far as government involvement is concerned, that is simply the nature of this kind of business. As we have seen, the French government, EU and US governments are all very much involved in the business of their respective companies. These are not commoditized products that government involvement will lead to market distortion like it would in steel or fabrics.

    • @Mighty221187
      @Mighty221187 2 года назад +3

      Does the CCP mandating Chinese airlines to buy COMAC planes sound like free market competition to you?

    • @matthewsjardine
      @matthewsjardine 2 года назад +1

      @@Mighty221187 certainly not. I agree with you there. However, the Chinese local market is far from the free market. I would never expect it to be. The CCP drives out foreign companies all the time.
      That being said, from a global perspective, competition is good. As long as Boeing and Airbus keep innovating and maintaining their standards, Comac will continue to play the game of catch up. For every Huawei using dirty tactics to reach a dominant position in cellular networking, there is a SMIC desperately struggling to catch up with the likes of TSMC and Samsung in the semiconductor industry.

    • @matthewsjardine
      @matthewsjardine 2 года назад

      @Re_Peater Every time I try to respond with links, RUclips keeps pulling it down 🙈 Too many bots these days I guess.
      A good place to start is CyberReason’s series titled China’s Unrestricted Warfare and their other series titled The Huawei Ban. They did an excellent job covering a range of issues, based on actual evidence found and people who have been involved or connected to what has happened personally. It is also not immediately judgemental either.

    • @liulaolao7269
      @liulaolao7269 2 года назад

      @@matthewsjardine Rather to have your own descriptions on facts than links.

    • @matthewsjardine
      @matthewsjardine 2 года назад

      @@liulaolao7269 Yeah, that appears to be RUclips's viewpoint here (or their bot cannot distinguish between legitimate links and bots posting promo or phishing links). It is a shame, because I am only a noob in the cyber security space, CyberReason are recognised industry professionals.

  • @odaialzrigat
    @odaialzrigat 2 года назад +13

    Weak analysis

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      In summary it will be a mainland China route plane.

  • @obsidianstatue
    @obsidianstatue 2 года назад +30

    US: hey, Chinese keep making t shirts, not high tech products, we will use all the underhanded tactics to slow your progress.
    Also US: why don't the Chinese people embrace our values?

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      Still don't understand Washington. The CCP has carrier killer missile and we don't bury them. Its a strange world we live in. We should destroy the CCP and put Tawain in charge.

    • @obsidianstatue
      @obsidianstatue 2 года назад +11

      @@Erik-rp1hi with over 90% approval rating, the Chinese people would disagree with you.
      At the end of the day, this is just pure western arrogance, on one hand they wonder why the Chinese people dislikes the west, on the other hand you take every opportunity to antagonize China.

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      @@obsidianstatue They spend more on internal security than they spend trying to keep up with the West in arms. I don't think the people like the ccp by looking at the facts on the ground. Propaganda is not the correct way to see how the world really is. Don't be a sucker.

    • @obsidianstatue
      @obsidianstatue 2 года назад +12

      @@Erik-rp1hi A multi-year survey done by Harvard University concluded that the CPC enjoys 80% to 90% support from the population. with the support surging in recent years.
      Your claim is made up by the west, in China you would NEVER see militarized police roaming the streets, police don't even have guns. Number of police per capita in China is also among the lowest in the world.
      You as a foreigner who has never set foot in China shouldn't lecture me, a Chinese on how my country is =)

    • @happyhappynuts
      @happyhappynuts 2 года назад

      That's not quite right, is it though?
      USA was happy to let China buy IBM PC to be Lenovo PC, in many areas happy to let China do high tech. The idea being each country could have something to sell to the other. But then Xi Jumping released made-in-China-2025, it's basically a plan to not buy one thing from overseas.
      Are you surprised thats seen as a challenge?
      China is extremely mercantilist, which is inherently selfish.
      www.econlib.org/library/Enc/Mercantilism.html
      China buys hardly any manufactured goods from more efficient producers in Bangladesh, basically buying only raw materials and a smattering of raw materials

  • @yongy2000
    @yongy2000 2 года назад +4

    In the 21st century, many of the most technologically sophisticated products simply cannot be produced in a single country because it's impossible that any single country can possess all the technological know-how and the entire component supply chain. For example, this applies to the aerospace industry and also the semi-conductor industry. Economic Nationalism is a dead-end proposition for any country that wants to practice it.

  • @freeworld88888
    @freeworld88888 2 года назад +22

    The world buy 737 and airbus 320..but China can buy their own products but china is still will be using American's engines and soft wear for the next 15yrs...so either way, both sides are making money.

  • @tariqsiddique4561
    @tariqsiddique4561 2 года назад +1

    Nice video 👍

  • @user-nb4dd7ym9m
    @user-nb4dd7ym9m 2 года назад +15

    64% of China's C919 is manufactured by itself, and 36% is imported. From the interior and cost price, C919 is definitely more advantageous.All it needs now is market verification and Recognition.

    • @ksneoh3572
      @ksneoh3572 Год назад

      True. But I think the evil Joe Biden will instruct the FAA to disqualify the C919 (and all other planes coming in future from China) forever.
      Leaders of China know it is IMPERATIVE for China to successfully develop its own advanced turbofan jet engines, the various avionics control systems, the avionics software, AND most importantly, the most advanced semiconductor CPUs and other vital chips. Otherwise, the danger of sanctions and sabotages by the USA hangs like the Sword of Damocles over China.
      Using Western control equipment onboard is especially dangerous since they could be manipulated by sinister elements in the Western world under instructions from the USA. Crashes can easily be initiated by the CIA and the likes.

  • @user-qi9wz6iu9x
    @user-qi9wz6iu9x 2 года назад +12

    As long as Chinese market is the biggest one in the world, western countries cannot stop their dominance.

    • @shenzhenzhong
      @shenzhenzhong 2 года назад +1

      Agree, curious why Japan can’t make their own airplane

    • @paulngo4946
      @paulngo4946 2 года назад +2

      @@shenzhenzhong What are you talking about? Japan makes their own airplanes... Have you heard of Mitsubishi?

    • @tiberianexcalibur
      @tiberianexcalibur 2 года назад +2

      @@shenzhenzhong ever heard of Honda private jets?

    • @user-qi9wz6iu9x
      @user-qi9wz6iu9x 2 года назад

      @@shenzhenzhong Japan, my country, lost the knowledge of airplane when they were defeated in ww2. So even if Japan can manufacture the part, they cannot overall of aircraft. Actually MHI gave up to establish airplane by only themselves.

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      We need another Iron Curtain.

  • @rocky137
    @rocky137 2 года назад +29

    So basically airbus & Boeing be like: let’s take a truce and destroy our common enemy first.

    • @bungkusi2432
      @bungkusi2432 2 года назад +6

      Btw.
      EASA have approved comax to fly over Europe.
      It seems Europe is happier to work with china rather than USA because USA act as dictator/authoritarian (ex Nord Stream pipeline).

    • @Tacit_Tern
      @Tacit_Tern 2 года назад +3

      @@bungkusi2432
      That's patently untrue. The only reason why a country deals with China, is as a last resort; because of guaranteed Intellectual Property theft and unethical business practices, ....like slave labor.

    • @ImNoHeroSCA
      @ImNoHeroSCA 2 года назад +4

      @@Tacit_Tern The fact that you think slave labour exist in China shows how out of touch you are with world. If you believe 90% of what you see in MSMs you have lost the ability to think independently.

    • @JaneDoe-tn8tn
      @JaneDoe-tn8tn 2 года назад +2

      @@Tacit_Tern
      Thats why China's GDP is being hit so hard. Nobody wants their slave machine.

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      Well I hope so, they aren't stupid. Nation states need to see the light also.

  • @ryanhall7285
    @ryanhall7285 2 года назад +17

    After years' expansion, finally the Chinese market becomes huge and ready to pay big money for anything, then USA started the "decoupling", how much China should appreciate the US government?

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      Decouple is the safest way forward.

    • @melvinf78
      @melvinf78 2 года назад

      @@Erik-rp1hi The US became the greatest nation by being willing to take risks. Betting on the safest option is a sure way to lose in the long run.

  • @JohnDoe-nq9hl
    @JohnDoe-nq9hl 2 года назад

    Comac relies heavily on European and American suppliers for almost all major components. In order to protect their IP, they supply older products which will affect the competitiveness of Comac.

  • @olefella7561
    @olefella7561 Год назад +2

    China is gonna be a game changer in terms of competition pricing and innovation in aviation markets monopolized by Boeing & Airbus.

  • @alparslankorkmaz2964
    @alparslankorkmaz2964 2 года назад +1

    Nice video.

  • @issiewizzie
    @issiewizzie 2 года назад +5

    Competition is a good thing

  • @ptys.
    @ptys. 2 года назад +4

    As a passenger I'm picky about even using Boeing after the 737 Max's. So I personally wouldn't fly a new carrier until it had proved itself over a decade or more.

  • @alexchu4499
    @alexchu4499 2 года назад

    And for the first time being happy to fly on a narrow body airliner!

  • @alexchu4499
    @alexchu4499 2 года назад +8

    I will definitely be flying on one once it's available.

  • @mikeschmitty4438
    @mikeschmitty4438 2 года назад

    interesting info, bloomberg quick take editing could have stepped this segments up a notch ...personal opinion, the info was quality!

  • @billpetersen298
    @billpetersen298 2 года назад

    No mention, of how they caught up?

  • @laaurora3230
    @laaurora3230 2 года назад +5

    China became the first country in the world to ground the 737MAX ahead of the manufacturer and US authorities over 2 deadly air crashes and is still grounding all its fleets. China is not convinced the modifications by Boeing are enough and safe to fly Again especially Chinese passengers are not confident enough to take these planes any more. With NO passengers, which airline wants to fly these planes Again.?
    A total of 96 Boeing 737 MAX planes have stopped flying in China, including 24 from China Southern Airlines, 15 from Air China and 10 from Xiamen Airlines.15 Apr 2021

    • @dennyliu7494
      @dennyliu7494 Год назад

      Don't forget that the Chinese airlines actually were the biggest victims. When they grounded the 737Max, they have to write off what they have paid for these planes.

  • @alexlo7708
    @alexlo7708 2 года назад +1

    There also another one -MC-21.

  • @pengfei1394
    @pengfei1394 2 года назад +16

    In a few years, the Chinese market will be the world's largest aviation market, and c919 will definitely account for most of the orders. However, in order to ease the relationship, some orders will be given to Boeing and Airbus.

    • @bungkusi2432
      @bungkusi2432 2 года назад +6

      China have stop buying all Boeing products because Boeing sales weapon to taiwan.
      But china still comited to buy Airbus

    • @aliboss52
      @aliboss52 Год назад

      Airbus maybe but not Boeing. But I personally view Boeing will be down but not out.

    • @Haruko1115
      @Haruko1115 Год назад

      Not if your population is declining😂, India will crown the top in the next short few years

    • @karlmin8471
      @karlmin8471 11 месяцев назад

      @@bungkusi2432 No, Boeing is still on the list. The problem of Boeing is the quality.

    • @karlmin8471
      @karlmin8471 11 месяцев назад

      @@Haruko1115 India's landscale is way smaller than China.

  • @wildfire8126
    @wildfire8126 2 года назад +1

    Boeing is a part of US military industrial complex. In other US government has been closely supporting Boeing for decades. Airbus is a consortium of several European countries and Airbus has also closely supporting by some European countries. Why would bother to say that Chinese government is closely supporting C919? Don't do what I do and do what I tell you? Isn't that getting too old?

  • @jensramputh
    @jensramputh 4 месяца назад

    In a true competitive market with no sanctions or tarriffs , the US would be toast.

  • @lokeshwormaibam2994
    @lokeshwormaibam2994 2 года назад +2

    Competition is good, keep going

  • @DougGrinbergs
    @DougGrinbergs 3 месяца назад

    1:56 Boeing 737 MAX MCAS disasters 5:01 COMAC C919 uses many parts from western suppliers, incl GE / Safran / CFM engines

  • @Tristar10h
    @Tristar10h 2 года назад +2

    I don't want to fly on a Bloeing plane nor a bus that fly in the air not a plane that bombarding in the air

  • @nicksonsicnawa9607
    @nicksonsicnawa9607 2 года назад +1

    The western countries they see as a treat but Asian see opportunities.

  • @shinchan-F-urmom
    @shinchan-F-urmom 2 года назад +8

    So now China shouldn't build a plane?
    WSJ, how much money have you got Military Industrial complex?

  • @Cross-xm2fr
    @Cross-xm2fr 2 года назад +8

    All the parts inside come from the same suppliers

  • @kongwee1978
    @kongwee1978 2 года назад +5

    China has enough of 737 max.

  • @BetaProductionz
    @BetaProductionz 2 года назад +8

    Let them build their own planes, both Airbus and Boeing have stopped truly innovating in aviation and need the competition. Would love to see them bring back supersonic passenger jets.

    • @leihtory7423
      @leihtory7423 2 года назад

      Boeing refuses to innovate. because Boeings 737 has not changed since. Eventually China realises it can build a 737.
      You have Airbus reinventing the passenger plane with the flying wing with hydrogen fuel.

    • @TheAmazingTechZone2
      @TheAmazingTechZone2 Год назад +1

      Do you really want the Concrode to be back? Have you not considered the environmental impacts and the costs for supersonic jet? There is a reason it went out of favor. Also Boeing and Airbus has stopped innovating? Have you considered the huge fuel savings that their new plane offers and the passenger comfort. Innovation doesn't just have to be speed, it could also be in many different areas.

  • @vyws06
    @vyws06 2 года назад +2

    both companies will lose to Comac

  • @sternpro7062
    @sternpro7062 2 года назад +7

    Cheap flights ✈️ for everyone 😁

  • @rockingrouge7050
    @rockingrouge7050 2 года назад +2

    This Journalist fails to conment that the C919 Jet Engine is totally built in China 🇨🇳. Now, China is capable of building their own Jet Engines will also build the complete Passenger Jet Planes 👍🥰

    • @zepm7184
      @zepm7184 2 года назад

      Proof? Their own engine is 5-10 years away.

  • @barakaobombervsronaldraide3098
    @barakaobombervsronaldraide3098 2 года назад

    You guys forgot Russian MC21.

  • @katemc516
    @katemc516 2 года назад +2

    We only fly non-boeing planes thank you very much

  • @singstar7362
    @singstar7362 2 года назад +1

    Just do things you are best at: kidnap the CEO daughter.

    • @ktan6738
      @ktan6738 2 года назад

      First french ceo n the huawei daughter

  • @pathomthavaradhara
    @pathomthavaradhara Год назад

    Well competition is always good for consumers.

  • @wernerzikeli7606
    @wernerzikeli7606 Год назад +1

    It is not very long ago when Boeing was the one and only manufacturer and they where amused when AIRBUS started to produce planes. Today nobody is laughing - AIRBUS made it to the top and COMAC will follow.

  • @aguer007
    @aguer007 2 года назад +2

    Boeing and Airbus will dominate until 2050-2060.
    China will be able to compete with them in flights and sales of their planes. but Boeing and Airbus are like Samsung they not only sell their products but are also suppliers of their competition.
    So dominance in 2 Areas, and competence in 1, still a duopoly.

  • @Ademirb123
    @Ademirb123 Месяц назад

    The Boring 737 Max is a flying casket

  • @Pajtim2023
    @Pajtim2023 2 года назад +1

    Next plane for 300 people 16.000km range better engine
    Im not surprised

  • @fofoqueiro5524
    @fofoqueiro5524 2 года назад +1

    I'm still not sure what's the concern here...

  • @superfluous5162
    @superfluous5162 2 года назад +16

    Reality is there is no "real" competition in global scale . But I want aviation sector to diverse , number of eater Inc for 500 annually pie .

  • @andhaniawan
    @andhaniawan Год назад +1

    When China make a move, West: "It's a threat!" ALWAYS 😌

  • @lirending1
    @lirending1 2 года назад +35

    Well Chinese airlines don't show interest, they have to comply.

    • @oceanwave4502
      @oceanwave4502 2 года назад +5

      No children likes math. But they have to comply with learning math, forced by their parents and teachers, for the better of their future. Don't you think? Teachers and parents have a great vision of the future; children just need to do what's told.

    • @Letsplay222
      @Letsplay222 2 года назад +1

      @@oceanwave4502 Adults are not children. The word you are looking for is 'slave'.

    • @eportmq
      @eportmq 2 года назад +1

      Say that to your boss

    • @lirending1
      @lirending1 2 года назад

      @@thelastpetrolbender2744 Last time I checked, Boeing wasn't an airline.

    • @88eclhome71
      @88eclhome71 2 года назад

      @@eportmq 😂😂😂 if you say that to your boss, you will no longer be a slave. You will have unemployment freedom.

  • @pacifiquetumu9650
    @pacifiquetumu9650 2 года назад

    I heard comac patterns with airbus for engine

  • @karlmin8471
    @karlmin8471 11 месяцев назад

    So ABC? Airbus, Boeing and Comac? Interesting.

  • @luism5514
    @luism5514 2 года назад

    The people don’t want hydrogen powered aircraft, the people want supersonic aircraft.

  • @visorij3374
    @visorij3374 2 года назад

    More competition is good.

  • @gearzone2611
    @gearzone2611 2 года назад +1

    China has the largest aviation market in the world. It must be expensive buying from Airbus and Boeing. COMAC is the answer.

  • @bigmungus4864
    @bigmungus4864 Год назад

    id really like to see Comac

  • @Nanokillaz
    @Nanokillaz 2 года назад +1

    Competition...? yeh nah time to stomp that out (US and EU)

  • @1cecreampize197
    @1cecreampize197 2 года назад

    In terms of planes I support the Canadian bombardier c series
    Wait it's a220 now

  • @AvadaKedavra943
    @AvadaKedavra943 2 года назад

    Competition is good for consumers.

  • @wildfire8126
    @wildfire8126 2 года назад +1

    Have Boeing 737max and Airbus A320 been constructed with parts around the world? Again, Don't do what I do and do what I tell you? Isn't that getting too old?

  • @zongyangli5768
    @zongyangli5768 2 года назад +2

    it's just a matter of time.

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      China better developed all the systems soon. The way things are going they are not going to be getting anything from the West.

  • @muhammadrehman6395
    @muhammadrehman6395 2 года назад

    This needs to be upgraded as ukraine war related sanctions may mean an increased sino russian cooperation on engine development.

  • @allenzhu3478
    @allenzhu3478 2 года назад +1

    don't worry, it's already blacklisted

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      It will never pass FAA certification, heads up on that.

    • @allenzhu3478
      @allenzhu3478 2 года назад

      @@Erik-rp1hi sad for them but true

  • @akka2011hk
    @akka2011hk 2 года назад

    Better do your research the CJ1000A, China's answer to LEAP 1C with very comparable performance will be ready for flight test in 2023 and ready by 2025. Most sub-systems that are foreign suppliers can be substituted by domestic alternatives by 2025. Improved variants of the C919 with longer range and better fuel efficiency will come out as more and more planes are delivered and experience gain as well as tech advances in China

  • @Lichonic
    @Lichonic 2 года назад

    Boeing and Airbus: China! How dare you?!

  • @lokechanmun8587
    @lokechanmun8587 Год назад

    Even China's airlines prefers not to buy Comac planes if they can. But the US's trade war and chips technology blockade of China has helped Comac. Patriotic sentiment has now compelled China's airlines to buy Comac thereby giving them the market opportunity to sell, service and further improve their technology through China's large domestic market. Boeing can forget about selling another plane to China.

  • @kishorbd8002
    @kishorbd8002 Год назад

    China: A breakup we can't get over

  • @bhuvan1993
    @bhuvan1993 2 года назад

    Due to Airbus and boeing have made a duopoly ..Every new competitor is Welcome

  • @donchong25
    @donchong25 Год назад

    Safety issues remain the sore point for Boeing.
    I'm not getting on a 737 in a hurry.

  • @giagshs9513
    @giagshs9513 2 года назад

    90 Years experience really means nothing, when China is willing to offer those engineers at Boeing and Airbus more financial support to switch side.

  • @smithjerry6333
    @smithjerry6333 2 года назад +2

    Think about the quality,i will afraid to take a plane which made in China

    • @chocolatesoldiertv7284
      @chocolatesoldiertv7284 2 года назад +2

      Use 737 max instead that lands anywhere it wants not where the airport is ! Such a nice plane with doped computers

    • @andydondy6444
      @andydondy6444 2 года назад

      Last 10 crashes are boeing🤔🤔🤔

    • @Erik-rp1hi
      @Erik-rp1hi 2 года назад

      COMAC is a lead balloon in disguise.

  • @johnstefan2840
    @johnstefan2840 7 месяцев назад

    When Japan built commercial aircraft with good quality, the US was easy to stop because Japan market was depending on outside Japan market.
    China is very different with Japan. China has huge markets both inside and outside China because of BRI. Even US & Europe will not issue flight certificates China doesn't care. Only one way western countries can stop "Made in China 2025" that is to implementing proctectionist trade system but this is also not easy to defeat China's products.

  • @teofilol2666
    @teofilol2666 2 года назад

    Boeing is a relic, don't think Airbus is stupid enough to care much for them. It'll be a duopoly between Airbus and Comac, not Boeing.