Unless any have access to the contracts authorised and signed by both parties, your allegations of theft are yourselves projecting the norm in your own countries.
Siemens have sold multiple trains for $1,000,000,000 3 or 4 or .... times. Capitalists, shareholders, employees and the deciding board members celebrated every 3 or 4 years.
In addition to delivering parts for assembly the contract included:
"Thanks to
the technology-transfer terms written into both contracts,
the two European industrial giants signed away some of their core technology to state-owned rolling stock manufacturer China CNR Corp. That’s since been merged with CSR Corp. to create CRRC Corp., now the world’s largest train-maker with revenues that dwarf what either Alstom or Siemens makes from railways."
Alstom and Siemens Show How Not to Deal With China
Deals were signed, repeatedly.
<em>
The cash cow is now the BULL.
Sieren’s China: A slap in the face for Siemens
"Chinese trains have become so good that Germany's Deutsche Bahn wants to buy them. According to DW columnist Frank Sieren, the railway can no longer afford to give preferential treatment to German companies.
It’s happened a lot sooner than I’d thought. The Deutsche Bahn, Germany's national railway, can no longer afford to buy German or western trains only. It’s opening a purchasing office in China. DB board member Head Heike Hanagarth already says that in three to five years' time China could have a "key position" when it comes to trains and railway technology.
Initially it will be regional trains and locomotives that Deutsche Bahn will purchase in China. But not yet high speed trains. But once DB has established successful business relations with the Chinese, and if price and quality are right, purchasing high-tech ICE trains is sure to be the next step. China’s two state-owned train companies, China South Locomotive & Rolling Stock Corporation Limited (CSR) and China North Locomotive & Rolling Stock Industry Corporation (CNR), could join Siemens as major suppliers to Deutsche Bahn. ...."
Sieren’s China: A slap in the face for Siemens | World| Breaking news and perspectives from around the globe | DW | 28.05.2015
Man up? Impossible, the word "man" is taboo.
The
awaiting selection by their mistresses whimper here, getting weaker and weaker.
Spell checkin, attacking the messanger not replying to the message.
Last edited by OhOh; 10-05-2021 at 01:58 PM.
A tray full of GOLD is not worth a moment in time.
"Thanks to the technology-transfer terms written into both contracts, the two European industrial giants signed away some of their core technology to state-owned rolling stock manufacturer China CNR Corp.
That’s since been merged with CSR Corp. to create CRRC Corp., now the world’s largest train-maker with revenues that dwarf what either Alstom or Siemens makes from railways."
"In the circumstances, it might seem understandable that they should want to join forces to tackle the monster they’ve created. Having been cheated of a bigger stake in China’s domestic market by Beijing’s one-sided foreign-investment rules, the least they could be expected to do is fight back now that CRRC is competing head-to-head with them."
^
I guess that's why the article is labeled "alstom-and-siemens-show-how-not-to-deal-with-china-and-vestager"
I presume you have a copy of the agreements to enlighten us TD readers how the cheating took place?
How is FIR in some way to blame. How the train maker was unaware of the Chinese "RULES" prior to signing the ¥1,000,000,000,000 contracts every 3 or 4 years? One presumes Siemens appropriate "corporate due diligence lawyers" demanded its RULES were followed. Or were Nelsons employed?
More usefully maybe;
1. "How to read contracts prior to signing them",
2. "How to pocket personal end of quarter bonuses ",
3. "How to screw a profitable employer time after time, legally".
Depending or what the game is and whom the target audience is.
Last edited by OhOh; 10-05-2021 at 03:16 PM.
Italy has been having an interesting relationship with China since signing on to the Belt & Road project. Almost collaborated with China on China's space station.
The Belt and Road in Italy: 2 Years Later – The DiplomatOn March 23, 2019, Italy officially became part of the Belt and Road Initiative (BRI). Two years since the first G-7 country became part of the controversial Chinese project, it is time to make an initial assessment of Italy’s highly contested membership in the BRI.
Three important elements, two external and one internal, have been fundamental in shaping the development of the BRI in Italy. The two exogenous elements are the increasing tensions between the China and the United States, and the outbreak of the COVID-19 pandemic. The former has translated into more U.S. engagement with Europe, including Italy, to secure alignment in policies toward China. A sample result of this effort was the cancellation of a potential collaboration between the Italian Space Agency (ISA) and China National Space Administration (CNSA) to build habitational modules for the Chinese space station Tiangong 3. Another result, which falls in line with steps taken in other EU countries, regards changes that curtail the possibility of Huawei participating in development of the Italian 5G network. Admittedly, neither example cited above directly relates to the Memorandum of Understanding signed during Chinese President Xi Jinping’s state visit to Italy in March 2019. However, both are examples of a change of Italy’s position toward collaboration with Chinese entities, whether public or private, following pressure from the United States. The collaboration regarding the Chinese space station, interestingly, was abandoned soon after March 2019.
"Chinese business reputations"?
What, for stealing IP, dumping, fraud, etc?
They're certainly #1 in all those categories.
Harry's back . . . . . . Klongdick and WohNoo have been spreading it thick latey
I read a great article about BT ripping out all the chinky spying shit. Which is nice.
Update, looks like the spy behind the hackers has been named.
https://twitter.com/Secnewsbytes/sta...176830976?s=20
^ Nooooo . . . not in Chengdu? Is that in China? With names like Li Xiaoyu and Dong Jhiazi they could be Scottish or Norwgian . . . and it could be Chengdu, Pennsylvania.
Enter our China apologists who will say it's all a CIA plot because . . . China
"If it weren't for the CIA, China would be a perfect place with perfect leaders and citizens. And of course, there'd be no hackers."
Sometimes I feel the people who blame the CIA for everything look down on Chinese and their capacity to be just as clever and human as anyone else.
Looks like we now have an epilogue.
https://twitter.com/Secnewsbytes/sta...39320727756806
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