Chao recommends that Western manufacturers claim some land without worrying too much about running a profitable venture – at least not initially.
“If you are going to wait until the market is developed for your product, it will be too late,” Chao says. “Someone will already be in front of you who has land to build a factory.”
And while the implications are unsavory, Chao also says that so keen is the government on growth that aviation is the only excuse for taking collectively owned land away from the owners – in plain English, that means kicking the farmer off his plot. Between 2006 and 2010, local authorities did just that opening up rural land the size of New Jersey to new development.
“Land is the most important thing,” he adds.
Should our aviation industry be more like China's? Or should China's be more like ours?
Hong Kong may have lost its competitive edge over the Pearl River Delta in terms of manufacturing and shipping, but it still holds its leading role as an international aviation hub. Over the...