Get used to this line-up
WSJ story on how AVIC (Aviation Industry Corporation), which has already announced a joint effort with GE on commercial airliners, is now teaming with a small CA-based avionics firm (US Aerospace) to offer its signature big helicopter in US markets, to include defense markets and possibly even a bid on the Marine One contract to supply the White House.
Yes, there will be push back, but eventually these things will happen.
For years now, I've fantasized about China Southern buying Southwest Airlines, for no particular reason other than they have similar names and, when I flew China Southern and was warned in advance by so many people how much it sucked, I found that its service was just fine and actually on par with my favorite SWA.
But think about it: We used to have this huge shipping fleet, and now most of it flies under other nation's flags. Why? Got so routine and so thin margin, that US companies got out of it, abandoning to cheaper providers. I've heard plenty of pilots in the US airline industry say the same thing will eventually happen there, and the logical flagship companies will hail from nations with the biggest flier markets.
And you know who that will be eventually.
So yeah, if you want to compete globally, you have to compete in China, and if you want to compete in China, you'll need to be - partially - Chinese. That is how it works in economics and trade and it won't change over China's rise.