Technology transfers, whether on a contractual basis or through theft, have long bedeviled companies that want to benefit from China’s cheap labor and 1.3 billion consumers. Automakers, aerospace companies, technology outfits…. it’s the price they have to pay. But when it seeped out that the largely state-owned nuclear industry in France was trying to sell its secrets to China to make a deal, oh là là!
Read…. Blowing Up: The Transfer Of French Nuclear Technology To China
Happy New Year and congratulations to Stacy for making an honest man out of Max!
Meanwhile, Siemens of Germany bought out Westinghouse’s generating sector in 1998 and sold it to a French concern. While Westinghouse was beating the drums for Most Favored Nation (MFN) status for China, lobbying the Clinton White House, it was also making a deal to sell on credit its AP600 nuclear reactor to China. The Chinese required that the reactor be built with Chinese labor, and the jobs Westinghouse promised for American workers never materialized.
Westinghouse also knew it was divesting itself of most of its American operations, making its support of MFN status for China rather self-serving, not to mention on the lower end of an ethical scale in conducting business. Newsmax .. 2003.
and now do we understand frances intrest in supressing the iranian program? it is not about bombs. north korea is FAR more unstable and already has them so that horse is already out of the barn this is about the market in fuel rod producton and reactor construction , france wants to control both(and was most ilkely promised they would)and probly sees it as there trump card in the post petro dollar future econimy.
DISARM THEM… Repeal the French Constitution !!! Repeal the Chinese Constitution…………..oh wait………they don’t have one. Well… DISARM THEM Anyway. DISARM THEM NOW…..Shriek — squeal — moan — gnash !!!
@FRANK… I missed it? They did it ???
France is trying to sell her nuclear technology till it has value. In horizon of 30 year this techlogy will be worthless. Google out ITER or Cadarache,
Here’s some footage of the superior Chinese APPEAL PROCESS.
(These people did have Lawyers – but the Lawyers were executed first. [maybe it wasn't an all bad event])
http://www.liveleak.com/view?i=73a_1356584792&p=1
I hate to say this but it seems that Chinese attitude
nowadays and for the past 30 years seems to be
“Business is Business and the Business of China is Business”
Pity because that used to be the American credo (Calvin Coolidge)
PS nowadays the Business of the United States
seems to be Politics/ Promoting Democracy.
which aint that different from the Business of the old Soviet Union
except that they were only busy promoting Communism ( as opposed to Democracy)