Friday, September 30, 2011

General Electric Gives China Technology for Passenger Plane

The Chinese are throwing their weight around and demanding American companies share proprietary technology with Chinese companies. These companies ultimately will be forced to share this technology with the government. General Electric is moving their technology there as fast as they can.

I have many Chinese friends, both here and in China. Talking with them is a pleasure and I respect them very much. But this does not mean I’m a fan of strong arm tactics.

The idea that GE should give up their proprietary technology to help the Chinese build a large passenger plane is horrendous. Our balance of payments would really be much worse if we couldn't count Boeing sales
I guess GE really isn't an American company anymore. The CEO, Jeff Immelt, and his buddies don't care what happens to our country. If the Obama administration hasn't stopped this then it's another bad mark against the administration. Oh I forgot, Obama made  Immelt the chair of a commission to increase employment. But he sure won't increase employment in Washington state. This is an arrow pointed right at Boeing.

The Chinese would never let one of their companies do this. Immelt isn't a patriotic American.Capitalism is an excuse for betraying this country

 In an earlier blog I talked about Chinese history (Zhongguo lishi). This move is no surprise to those of us who read a book called To Change China: Western Advisors in China by Jonathan Spence. He described how the Jesuits in the Ming, then Qing, Dynasty shared their advanced knowledge of astronomy with the Emperor, then stood there waiting, hoping they could proselytize in China. (Back then predictions on where celestial objects would be was important to the Emperor's face). The Emperor then looked at the priest and said, "Why are you standing there?" The priest asked what was in it for the Jesuits. The Emperor said, “Thanks a lot."

This drama played out through Chinese history and culminated with the ouster of the Russian advisors when they were no longer essential to the communist revolution and the rebuilding of China

 (At this time, I'd like to point out to my friends who are Chinese that this commentary is not an attack on China, merely an observation. An earlier blog of mine talks about the importance of Chinese patriotism.)

So the idea that technology would be taken over is a logical expectation given Chinese history. If companies don't want to sell products in China, they can go home. Since most Americans couldn't find China on a map, it is to be expected that these corporate barons wouldn't know anything about Chinese history. America is an insular land where the only other languages besides English are spoken by the children of immigrants.

More and more companies that used to be described as American moved their operations to China because the CEOs wanted bigger bonuses and the less they paid employees the more they got in their pay envelope. They didn't care whether a lot of Americans wouldn't have a job, they just wanted more money.

This is pretty close to crossing the Rubicon. Have American companies lost all that once made them American corporations? My answer is yes.

A few years ago, a spy for Israel gave secrets to them. Many Americans looked on him as a traitor.

So just as they moved American jobs overseas in the companies’ determination to make money at any cost, they now intend to share our national secrets. If our government lets this happen it’s because we have become the world’s biggest debtor. You can’t spit in the face of your banker.

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