[bliving]

Construction will happen in China (Qingdao), with project management and components(?) split between China and Europe offices.

And not that funny; I know of heavy manufacturing companies that multiply their selling prices by 10 for equipment that is destined for China just for that reason.

[jacquesm]

Thereby giving the Chinese a great incentive to copy them, after all they're being ripped off.

That's pretty much analogous to people copying music because they've been ripped off for so long.

[bliving]

Apologies for not being clearer. I believe that they agreed to this co-development project because they are getting a good deal; as in, no being charged 10x because they're chinese.

They will have ample opportunity for the technology transfer required to do the next 800 on their own. And Bombardier will have their opportunity to compete on the next project. But the pessimist in me also believes that Bombardier will do their best to prevent that technology transfer! Sad, but it seems to be the path of least resistance in business these days.

[jacquesm]

Ah ok, I misread you completely. Too late to edit now, but thanks for the clarification.

[bliving]

Apologies for not being clearer. I believe that they agreed to the co-development