Back when I was still in school in the 1990s. I had helped to draw a mural of a Proton flying car. To hype up Mahathir's 'Vision 2020'. Proton was Mahathir's pet company. Proton had dreams back then to be one of the leading automotive companies in Asia.Damn I thought Proton was developing flying cars or something
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“Imports from China, which are needed in German manufacturing facilities in Lithuania, are also being affected, as are exports from Germany to China which contain Lithuanian components.”
Thats exactly what China is doing. And China can do it because it knows Germany depends on China“In the long term, the escalation by China is a devastating own goal. It shows that China is prepared to decouple economically from “politically undesirable” partners.
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Thats exactly what China is doing. And China can do it because it knows Germany depends on China
If Germany is so bold, let's decouple then. Can it do so? No!
If the EU wants to, it can respond, so lets go for Trade War with the EU. Can it do so? No!
Thats what happens when you have garbage economies and you are on the verge of covid lockdowns. Lets see their next step. All they are doing in the moment is talk, talk, talk. Let's see them do hard action if they can
This must be how it feels like to speak from a position of strength. Feels good manQuote:
Thats exactly what China is doing. And China can do it because it knows Germany depends on China
If Germany is so bold, let's decouple then. Can it do so? No!
If the EU wants to, it can respond, so lets go for Trade War with the EU. Can it do so? No!
Thats what happens when you have garbage economies and you are on the verge of covid lockdowns. Lets see their next step. All they are doing in the moment is talk, talk, talk. Let's see them do hard action if they can
They should be scared. When you see China taking such actions and being assertive, it means that it has calculated that the enemy is too weak to mount a responseWhat’s amusing is that people keep on saying that China is all bark and no bite. Seems like the Western powers are just as bad in this regard.
Lotus had some nice technology in engine, and tuning. In the early 2000s, Proton wanted to use the Lotus engine technology to create a new generation of homegrown engines. The Campro engine project. Prior to that, Proton cannot produce its own engines. Nevertheless, the Campro engine project failed mainly due to incompetence. The engine was produced, but it was terrible, nothing like what it was envisioned to be. They eventually gave up Campro and went back to importing engines from Mitsubishi, Honda, etc. Proton had Lotus engineering input, and yet it still could not design a proper petrol engine in the early 2000s. They can't even reverse-engineer engine technology that they had bought! That gives you an idea of how incompetent Proton is.That's not totally right either.
Lotus did not have any special technology by the time of the Geely purchase, they were putting out cars on their own platform, but powered by Toyota engines. However, the engineering talent was still there.
The Proton sales and distribution network in Malaysia (and future expansion to elsewhere in SEA) was as important as Lotus. One of the first things Geely did before even selling a single Geely-turned-Proton was make a lot of the Dealers and Service centres renovate and closed the ones not willing to invest in upgrades.
In addition, as sales grow, the manufacturing facilities would become more efficient.
So you can see it was a long term plan from the beginning, not a throw in at all.
On paper only. Geely is running the show behind the scenes. Because the Proton management are so clueless, they would rather let Geely run the show on their behalf. And why not? Geely gets to puppet Proton, while the Proton management get their free wages, and free credit. Proton still gets to improve under Geely's management. Its a win-win deal.But Geely doesn't wholly own Proton, not even a majority, just a 49.9% share. I always wonder why Geely agreed to this. Although they did get to fully own Lotus out of this deal.
Because the Germans is the "good west".Why? Germanys national anthem remains similar to the one from the Weimar Republic to this very day. The only obvious change was the discarding of the Horst Wessel bit introduced in the Nazi era.
German companies to choose Lithuania over China? What? Why? This has gotta be a real comedy piece.