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Arthur T Knackerbracket has found the following story:
China has launched its first aircraft-engine manufacturer in an attempt to wean itself off Western suppliers.
The state-owned Aero-Engine Group of China was created by combining a group of existing aircraft-engine companies, according to local media reports.
It has about 50bn yuan ($7.5bn) in registered capital and will develop both military and commercial engines.
China already makes its own planes, but has struggled for decades to develop engines that meet global requirements.
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China Launches Own Aircraft Engine-Maker to Rival the West
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It's raisins that make Post Raisin Bran so raisiny ...
(Score: 3, Insightful) by fido_dogstoyevsky on Tuesday August 30 2016, @07:07AM
Step 1: buy Russian military engines so you can make unreliable clones in your crappy factory
Step 2: arm-twist GE (not hard) into building a factory for commercial airliner (super reliable) engines in China
Step 3: combine the stolen knowledge to build reliable military engines
Step 4: sell reliable and cheap (but at a good markup) aero engines to GE et al (just show the bottom line to the suits, no selling effort needed)
Step 5: PROFIT!!
It's NOT a conspiracy... it's a plot.