03570nam 2200541 450 991071736740332120180425205450.00-8330-9716-4(CKB)3710000001387161(MiAaPQ)EBC4862309(OCoLC)982111471(OCoLC)987852641(OCoLC)1162039212(OCoLC)1241857580(EXLCZ)99371000000138716120170616h20172017 uy 0engurcnu||||||||rdacontentrdamediardacarrierChinese investment in U.S. aviation /Chad J. R. Ohlandt [and four others]Santa Monica, California :RAND Corporation,2017.©20171 online resource (125 pages) illustrations, tablesResearch report ;RR-1755-USCC"This research report was prepared at the request of the U.S.-China Economic and Security Review Commission to support its deliberations"--Title page verso.0-8330-9714-8 Includes bibliographical references.Chapter one. Introduction -- Chapter two. Aviation Markets -- Chapter three. China's Government Policy for Commercial Aviation -- Chapter four. Chinese Investments in U.S. Aviation -- Chapter five. Assessing the Effect of Chinese Investments in U.S. Aviation -- Chapter six. Conclusions -- References."This report assesses Chinese investment in U.S. aviation from 2005 to 2016. It provides context in China's demand for aviation products and aviation industrial policies, while assessing technology transfers and impact on U.S. competitiveness. Since 2005, Chinese companies have steadily increased investment in U.S. aviation by acquiring, merging, or establishing joint ventures with more than a dozen U.S. aviation companies without directly running afoul of U.S. regulation. The combination of Chinese government policy to become globally competitive in aviation and the availability of capital drives these investments, but they are constrained by U.S. government foreign investment and export laws as well as classic business concerns about return on investment. While China has unambiguous government policies supporting the development of a globally competitive aviation industry, Chinese investment in U.S. aviation over the past decade has primarily involved lower-technology general aviation manufacturers that do not affect U.S. competitiveness. Chinese demand for large commercial aircraft may be as much as one-fifth of global demand, but the duopoly nature of global aviation also creates barriers to China's goal of developing a globally competitive commercial aircraft manufacturer, as any manufacturer of a new commercial aircraft struggles to achieve efficiencies of scale"--Publisher's description.Aerospace industriesUnited StatesAerospace industriesChinaInvestments, ChineseUnited StatesChinaEconomic policy2000-ChinafastUnited StatesfastAerospace industriesAerospace industriesInvestments, Chinese338.4762910973Ohlandt Chad J. R.910142Ohlandt Chad J. R.Rand Corporation.National Security Research Division.MiAaPQMiAaPQMiAaPQBOOK9910717367403321Chinese investment in U.S. aviation3314974UNINA