thunderchief
Senior Member
This sounds unfair and to be blunt pretty much amateurish . How could Chinese government expect further cooperation from friendly businessman, if dealing with China brings them to financial ruin ?
PLAN Aircraft Carrier programme...(Closed)
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This sounds unfair and to be blunt pretty much amateurish . How could Chinese government expect further cooperation from friendly businessman, if dealing with China brings them to financial ruin ?
kwaigonegin
Colonel
Amazing read! as they say truth is stranger than fiction. The story behind the Liaoning is incredible. Basically it was one guy.. one individual who bought it. Not PLAN, not PRC but one civilian businessman who had to sell the farm to buy the carrier and the associated costs with it.. oh and he used to play b-ball for the navy. LOL
and for what he had down, it's quite ridiculous for PLAN or the government to not pay him his dues. This is what happens when you do good things for your own government. No good deed goes unpunished!
They need to name the ship after Mr. Xu.
and for what he had down, it's quite ridiculous for PLAN or the government to not pay him his dues. This is what happens when you do good things for your own government. No good deed goes unpunished!
They need to name the ship after Mr. Xu.
Very interesting read, if the story is true then the Chinese military or intelligence agency owes Xu compensation.
kwaigonegin
Colonel
Based on the below I like to take his word for it. I don't think he was paid didly squat other than the initial $20 mil for the carrrier itself. If his kids came to the US under a basketball scholarship that would be very easy to verify and substantiate his claims.
Xu was trapped in several lawsuits as a result of the debts. "It's like I had three army regiments before the deal, but now I'm just left with a cookhouse," he said.
According to China's Carrier, a book published by China Development Press, Xu bargained with the State Council for years over compensation, but Beijing would pay only the US$20 million auction price, insisting Xu could be compensated for other costs only if he provided receipts.
"It's just ridiculous and unfair. How could the Ukrainians give receipts for meals, gifts and stacks of US dollar bills? And how about the other losses in raising the money?" a source familiar with the deal said. Those costs included HK$6 million for a document from the Macau government to support his floating casino cover story to buy the ship.
One of Xu's friends said the carrier bills had plunged Xu into severe financial hardship. "For many years, he had to rely on financial support from his friends. He couldn't even pay for his two sons' education overseas. Fortunately, the two boys won full scholarships from two universities in the US because of their basketball talent."
Xu said the central government refused to pay because "the navy didn't have the budget in the late 1990s because of China's poor economy at that time".
"But that's not a good reason. How could [the Chinese government] launch the 'two bombs and one satellite campaign' in the 1960s? It was the country's most difficult time; many people were starving," Xu said, referring to the national programmes to develop atomic and hydrogen bombs and send the country's first unmanned probe into space.
asif iqbal
Lieutenant General
Hope chinese government understand there's no cheap way to run a carrier and do not cut the corners for sake of cost!!
Equation
Lieutenant General
IF the government confiscate him fully than he or they would be liable.
As a result he already agreed to purchase it FOR the government. I'm confuse at this part. Why would he want any confiscation when he decided to purchase the carrier in the first place with his own money for any extra cost?
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