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BBCNEWS Business July 3, 2024

To an all weather partnership. Kishore mahbubani was singapores former ambassador to the united nations. He gave me a sense of what lies ahead for eu china relations. Trade differences are normal. The important thing is notjust the trade in balance but the trade volume. At the end of the day, as you know, europe is looking for new sources of growth for itself and europe is acutely aware that china is going to become a very, very important market for eu products too, and let me give you some very important statistics so listeners understand how things have changed. In the year 2000 the european economy combined, eu economy combined was six times bigger than chinas economy. Now they are the same size. In five years time china will be bigger than the european union. Europe is aware of this. While they will have difficulties over trade they also rely china is it going to become the big market for them also, so thats also part of the european calculations. Do you seeing that the
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BBCNEWS Business July 3, 2024

Be bigger than the european union. Europe is aware of this. While they will have difficulties over trade they also rely china is it going to become the big market for them also, so thats also part of the european calculations. Do you seeing that the Balance Of Power shifting, then, and they have to adjust accordingly . I think the europeans are acutely aware of the change in the Balance Of Power. And remember, for europe today, one nightmare that they really worry about is the reelection of donald trump coming in for a second time as president of the united states, and they know that donald trump has absolutely no emotional connection to europe. He does not quite see the value of his european allies, and europe may have to get a much more difficult geopolitical environment. In that difficult geopolitical environment, when europe is looking for ways and means to possibly r ....

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BBCNEWS Business July 3, 2024

And they made a big fuss about everything that i ever found. And it was because of the stage of where the plane was. If im looking at a plane thats supposed to be getting shaped and im the last person to see it, i shouldnt be finding missing fasteners, missing parts and things like that. So why were they not thanking you for picking up on these things . They just wanted the product out. They werent focused on the consequences of shipping bad fuselages. They were just focused on meeting the quotas, meeting the schedule, meeting the budget, meeting the numbers. If the numbers looked good, the state of the fuselages didnt really matter. And thats how i think the culture was driven in spirit. Throughout all this, youre picking up problems on fuselages that are being sent to boeing. Are fuselages getting through to boeing that still have flaws that have not been fixed . The whole time we were there, boeing knowingly knew that spirit was sending fuselages with many defects many, many, many o ....

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BBCNEWS Business July 3, 2024

And they made a big fuss about everything that i ever found. And it was because of the stage of where the plane was. If im looking at a plane thats supposed to be getting shaped and im the last person to see it, i shouldnt be finding missing fasteners, missing parts and things like that. So why were they not thanking you for picking up on these things . They just wanted the product out. They werent focused on the consequences of shipping bad fuselages. They were just focused on meeting the quotas, meeting the schedule, meeting the budget, meeting the numbers. If the numbers looked good, the state of the fuselages didnt really matter. And thats how i think the culture was driven in spirit. Throughout all this, youre picking up problems on fuselages that are being sent to boeing. Are fuselages getting through to boeing that still have flaws that have not been fixed . The whole time we were there, boeing knowingly knew that spirit was sending fuselages with many defects many, many, many o ....

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BBCNEWS Business July 3, 2024

Become the big market for them also, so that s also part of the european calculations. D0 the european calculations. Do ou the european calculations. Do you seeing that the Balance Of Power shifting, then, and they have to adjust accordingly . I think the europeans are acutely aware of the change in the Balance Of Power. And remember, for europe today, one nightmare that they really worry about is the reelection of donald trump coming in for the reelection of donald trump coming infora the reelection of donald trump coming in for a second time as president of the united states, and they know that donald trump has absolutely no emotional connection to europe. He does not quite see the value of his european allies, and europe may have to get a much more difficult geopolitical environment. In that difficult geopolitical environment, when europe is looking for ways and means ....

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