Still, some have criticized the move as a selling-out of U.S. leadership in aviation, one of the few American-dominated industries that still generates a positive trade balance. Meanwhile, Cessna builds the Skycatcher in China. Many U.S. aviation companies have subassemblies built in Mexico and other countries. Continental Motors was purchased by a Chinese company earlier this year.
What do you think? Are U.S. aviation companies not trying hard enough to find American investment before selling out to foreign buyers or is the U.S. investment community too short-sighted in their strategies? Or, does none of it really matter in this global economy?
I’m looking forward to reading your perspective in the comments.