As far as aviation is concerned, Brazil through Embraer is actually ahead of almost everyone in Asia. In my view, until the ARJ-21 gets done and is selling well to Chinese airlines, no one in Asia can claim any lead over Brazil.
Hmmm , could you tell me more about this ARJ-21? I though Embraer got allied witha chinese equivalent ( forgot its name 🙁 ) with getting in mind a state monopoly .
China to invest US$20b in Argentina
Yeah I read that , but chinese autorities , according to a good reputation economics brazilian newswpaper called Valor denied such amount of money . In fact according to the same , Argentine’s “more informed people on chinese proposals” expect to get around 10-15 billions from what I remember . Anyway , independent of the value chinese gonna invest there , it is a smart move from China to diversify their commodities supplier . And surely Argentine need this money since from their default they dont got any serious foreign investment . Both sides have much to gain . 🙂
This is one step from being a mass-produced item that will make satellite affordable for the third world.
True , many claims its the most succesful spatial program in the third world
P.S: I read somwhere that Brazil might receive the same amount of investment . I think it was through Valor also .
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