British Expats

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-   -   Post EU Referendum (https://britishexpats.com/forum/take-outside-67/post-eu-referendum-879308/)

EMR May 25th 2017 2:01 pm

Re: Post EU Referendum
 

Originally Posted by InVinoVeritas (Post 12260333)
I will stop living in the past if you stop living in an EMR-predicted future based on completely wrong information.

What wrong information Chinatown/ as it has with many industries will soon have its own home grown aircraft industry competing with the two current big players,
Airbus and Boeing. That's a fact.
China and Russia are cooperating on joint ventures to expand competition with Airbus and Boeing.
That is a fact.
China's policy is to replace imports with home production moving into high value , high tech.
These are facts .

It's a problem some brexiters have, dealing with facts.

Bipat May 25th 2017 2:09 pm

Re: Post EU Referendum
 

Originally Posted by EMR (Post 12260270)
Many brexiters believe that there is a new world for British products and industry reducing the risks we may face leaving the EU free trade area.
Aerospace has always been s major earner for the UK both via Airbus and Rolls-Royce selling engines to Boeing etc.

Well the world is changing, the first Chinese built and engined competitor to the 737 and A320 has just flown
China and Russia have juse formed a joint venture to develop and build a new aircraft to compete with the 797 andcA350.
Not only were China and Russia profitable markets for Airbus and RR but now these new aircraft will be competing on a global basis in years to come.
Yes the world is changing but not quite as some expected.
China is not just a manufacturer of cheap consumables but soon will compete at all levels.

Airbus is the commonest aircraft used in India. Jet Airways code shares with Etihad who have the massive new A380, can't think they will suddenly start buying from China?

InVinoVeritas May 25th 2017 2:26 pm

Re: Post EU Referendum
 

Originally Posted by EMR (Post 12260339)
....will soon have its own home grown aircraft.....These are facts.

It's a problem some brexiters have, dealing with facts.

You said in your first post that China already had that. Now you are saying it WILL have that. Neither of these are facts.

Brexiters deal with FACTS not FEARS.

la mancha May 25th 2017 2:27 pm

Re: Post EU Referendum
 

Originally Posted by EMR (Post 12260339)
What wrong information Chinatown/ as it has with many industries will soon have its own home grown aircraft industry competing with the two current big players,
Airbus and Boeing. That's a fact.
China and Russia are cooperating on joint ventures to expand competition with Airbus and Boeing.
That is a fact.
China's policy is to replace imports with home production moving into high value , high tech.
These are facts .

It's a problem some brexiters have, dealing with facts.

If China will forge ahead as you predict why don’t you sell everything you have and put your money into Chinese stocks?

But with news like this…

Moody's downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.

https://finance.yahoo.com/news/moody...020245038.html

and this…

Moody's cuts China's credit rating for first time since 1989.

Moody's cuts China's credit rating for first time since 1989 - BBC News

…best to have a re-think, eh?

SultanOfSwing May 25th 2017 2:37 pm

Re: Post EU Referendum
 

Originally Posted by EMR (Post 12260270)
China and Russia have juse formed a joint venture to develop and build a new aircraft to compete with the 797 andcA350.

Did you mean 787? There is no 797, nor as far as I can tell any firm plans for such a plane. It's just 'Y1' and 'Y3' in the Yellowstone project (Y2 entered service as the 787). Now, one of them may end up being called the 797, but that is speculation for now.

The 787 and A350 are competitive airframes though, so that would make more sense.

/needless aviation pedantry :o


Originally Posted by Bipat (Post 12260344)
Airbus is the commonest aircraft used in India. Jet Airways code shares with Etihad who have the massive new A380, can't think they will suddenly start buying from China?

Airbus is, I believe, on track to be the most commonly used airline manufacturer in the world, if not already. China might make inroads in certain markets but I still don't see them making a dent in worldwide sales of either Boeing or Airbus. Neither Ilyushin, nor Tupolev have, and they've been making reasonably decent airliners for a while now, so I can't see a Chinese manufactured plane doing anything.

Look at the other former manufacturers, too. Lockheed is gone, Bombardier absorbed DeHavilland and a few others and now sticks to small regional airliners, as does Embraer, Boeing absorbed McDonnell-Douglas and BAE Systems concentrates mostly on military products these days. I doubt Boeing and Airbus are shaking too much in their boots regarding a Chinese competitor when the two long-standing Russian manufacturers haven't been a threat.

Annetje May 25th 2017 2:58 pm

Re: Post EU Referendum
 
The U turn dance is rapidly becoming a global dance !

https://www.theguardian.com/us-news/...e_iOSApp_Other

The president was a cheerleader for Brexit, describing June’s voteas a “beautiful, beautiful thing”. After meeting Theresa May at the White House earlier this year, he claimed Brexit would be a “wonderful thing” for Britain.

On Brexit, US expressed concern that jobs in the US would be lost because of Brexit.”



Who would have predicted that one ?
What will this mean to the special relationship between him and Farage ?

amideislas May 26th 2017 7:20 am

Re: Post EU Referendum
 
For lack of any other, "it's gonna be great" was the "plan".


A global Britain. That was the plan. A Britain that would leave the European Union and pivot confidently towards the rest of the world. Unfettered by the bureaucrats in Brussels, Britain would reap the benefit of lucrative trade with foreign companies and open its arms to overseas citizens whom it could not hitherto embrace.

Non-EU citizens resident in the UK were told that things would get easier for them when the country could take control of EU immigration, and during the referendum campaign Priti Patel launched a “Save our curry houses” appeal. Leave specifically stated that the country’s immigration policy was hamstrung by its EU membership, and thus a vote for Brexit was a vote for fewer restrictions on allowing more immigration from outside Europe.


Read More

EMR May 26th 2017 8:19 am

Re: Post EU Referendum
 

Originally Posted by SultanOfSwing (Post 12260362)
Did you mean 787? There is no 797, nor as far as I can tell any firm plans for such a plane. It's just 'Y1' and 'Y3' in the Yellowstone project (Y2 entered service as the 787). Now, one of them may end up being called the 797, but that is speculation for now.

The 787 and A350 are competitive airframes though, so that would make more sense.

/needless aviation pedantry :o



Airbus is, I believe, on track to be the most commonly used airline manufacturer in the world, if not already. China might make inroads in certain markets but I still don't see them making a dent in worldwide sales of either Boeing or Airbus. Neither Ilyushin, nor Tupolev have, and they've been making reasonably decent airliners for a while now, so I can't see a Chinese manufactured plane doing anything.

Look at the other former manufacturers, too. Lockheed is gone, Bombardier absorbed DeHavilland and a few others and now sticks to small regional airliners, as does Embraer, Boeing absorbed McDonnell-Douglas and BAE Systems concentrates mostly on military products these days. I doubt Boeing and Airbus are shaking too much in their boots regarding a Chinese competitor when the two long-standing Russian manufacturers haven't been a threat.

797 was a typo.
Do not underestimate the Chinese, they are not the Russians.
China and it's neighboring countries are the fastest growing market for airtravel in the world.
China will want its share of that.
If it takes only 20% of the market that would be sales that would have gone to Airbus and Boeing.

Bipat May 26th 2017 8:22 am

Re: Post EU Referendum
 

Originally Posted by amideislas (Post 12260744)
For lack of any other, "it's gonna be great" was the "plan".


A global Britain. That was the plan. A Britain that would leave the European Union and pivot confidently towards the rest of the world. Unfettered by the bureaucrats in Brussels, Britain would reap the benefit of lucrative trade with foreign companies and open its arms to overseas citizens whom it could not hitherto embrace.

Non-EU citizens resident in the UK were told that things would get easier for them when the country could take control of EU immigration, and during the referendum campaign Priti Patel launched a “Save our curry houses” appeal. Leave specifically stated that the country’s immigration policy was hamstrung by its EU membership, and thus a vote for Brexit was a vote for fewer restrictions on allowing more immigration from outside Europe.


Read More

Usual anti-Brexit journalese!

How will it be "divide and rule"? there is already division; one group of migrants has free movement the other doesn't.
Anything in the manifesto can be adjusted according to need. Free movement and other EU rules cannot.

How will the ability of non-EU people to visit the UK be changed???
The cost to a company of employing a migrant changed to £2000 instead of £1000 a 'tax'.
Student visas--a change perhaps to protect students previously fooled by 'bogus' colleges.

Aim is to 'plunder' foreign economies!!!! Does Ms Malik really believe foreign countries that stupid???

amideislas May 26th 2017 8:37 am

Re: Post EU Referendum
 

Originally Posted by Bipat (Post 12260765)
Usual anti-Brexit journalese!

How will it be "divide and rule"? there is already division; one group of migrants has free movement the other doesn't.
Anything in the manifesto can be adjusted according to need. Free movement and other EU rules cannot.

How will the ability of non-EU people to visit the UK be changed???
The cost to a company of employing a migrant changed to £2000 instead of £1000 a 'tax'.
Student visas--a change perhaps to protect students previously fooled by 'bogus' colleges.

Aim is to 'plunder' foreign economies!!!! Does Ms Malik really believe foreign countries that stupid???

Apparently, the current leadership is banking on "foreign countries" being "stupid". After all, they're foreigners. And we know how backward they are.

Bipat May 26th 2017 8:42 am

Re: Post EU Referendum
 

Originally Posted by amideislas (Post 12260776)
Apparently, the current leadership is banking on "foreign countries" being "stupid". After all, they're foreigners. And we know how backward they are.

I don't think so --read the speeches and links in the segregated (mentions foreigners) thread.

GeniB May 26th 2017 8:49 am

Re: Post EU Referendum
 

Originally Posted by la mancha (Post 12260355)
If China will forge ahead as you predict why don’t you sell everything you have and put your money into Chinese stocks?

But with news like this…

Moody's downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.

https://finance.yahoo.com/news/moody...020245038.html

and this…

Moody's cuts China's credit rating for first time since 1989.

Moody's cuts China's credit rating for first time since 1989 - BBC News

…best to have a re-think, eh?

I think you have to ask yourself.. who owns Moody's ? who owns Standard and Poor? Or rather controls them through their dependence on putting ratings on Government bonds. Why the good ole US Government of course. The very same one who has downgraded anything it deemed a threat in the recent past.Given the horrific history of their own banking mess,its surprising that moody's hasn't downgraded the USA. wonder why that was?:sarcasm:

amideislas May 26th 2017 9:01 am

Re: Post EU Referendum
 

Originally Posted by Bipat (Post 12260779)
I don't think so --read the speeches and links in the segregated (mentions foreigners) thread.

Like this?

There is something deeply ironic about the wave of nostalgia sweeping political discourse in modern Britain. On one hand, it harks – increasingly since the Brexit vote – back to the age of empire. “A small island perched on the edge of the European continent became a leader of world trade,” is how international trade secretary Liam Fox fondly described that epoch to a group of Commonwealth trade ministers. On the other, the supposed humanitarianism that accompanied that age has been swiftly forgotten.

While the empire was founded on racist beliefs about the supposed inferiority of the people it subjugated, humanitarianism was its proudly flaunted justification. This was manifested perfectly in Winston Churchill, who was able to boast of killing “savages” in Sudan, while also playing a leading role in creating the international humanitarian norms that many consider one of the great accomplishments of the 20th century.

EMR May 26th 2017 9:04 am

Re: Post EU Referendum
 

Originally Posted by la mancha (Post 12260355)
If China will forge ahead as you predict why don’t you sell everything you have and put your money into Chinese stocks?

But with news like this…

Moody's downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.

https://finance.yahoo.com/news/moody...020245038.html

and this…

Moody's cuts China's credit rating for first time since 1989.

Moody's cuts China's credit rating for first time since 1989 - BBC News

…best to have a re-think, eh?

China is a centrally managed economy, which is why it us reducing its reliance on imports and increasing its own hi tech manufacturing base .
A high volume aircraft industry is just one example.
Who is one of the leading manufacturers of tablets, laptops, phones under their own brands.
Walk into your local Curry's and have a look.

EMR May 26th 2017 9:07 am

Re: Post EU Referendum
 

Originally Posted by la mancha (Post 12260355)
If China will forge ahead as you predict why don’t you sell everything you have and put your money into Chinese stocks?

But with news like this…

Moody's downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.

https://finance.yahoo.com/news/moody...020245038.html
and this…

Moody's cuts China's credit rating for first time since 1989.

Moody's cuts China's credit rating for first time since 1989 - BBC News

…best to have a re-think, eh?

China is a centrally managed economy, which is why it us reducing its reliance on imports and increasing its own hi tech manufacturing base .
A high volume aircraft industry is just one example.
Who is one of the leading manufacturers of tablets, laptops, phones under their own brands.

China is planning a high speed rail track that will connect the industries of Southern China with the fast growing economies of SE Asia.
It will pass through laos, Cambodia with connections to Bangkok.
Hardly a sign of a declining economy,

Remind us what was your reaction to the UK having its credit rating cut ?


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