The rise of a great power: starting with military industry

Chapter 824 Farnborough Air Show

As for South Korea, it's easy.

China and South Korea only recently established diplomatic relations at the ambassadorial level.

South Korea's 'Miracle on the Han River' came to an abrupt end. As a country oriented to export and foreign trade, South Korea's economy is in a very sluggish situation as the European and American economies are in recession and South Korean products have no cost-effective advantage.

All the major chaebols have been desperately cutting costs and have been shouting the slogan of "surviving" for many years.

Like Japan, South Korea is highly dependent on energy imports.

After the outbreak of the Iran-Iraq War, oil prices soared and South Korea suffered greatly from the high oil prices.

Every year, all the money earned from exporting products is consumed by importing oil, and South Korea even owes a lot of foreign debt.

South Korea has invested heavily in supporting the automobile manufacturing, electronics and shipbuilding industries, but to no avail.

Korean cars can still only be sold internally, and their exports have no competitiveness at all. They lack brand support and have no cost-effectiveness.

In terms of the electronics industry, it was declared a complete failure. The scale of Hong Kong's electronics industry alone far exceeded that of South Korea.

In the shipbuilding industry, although South Korea's market share has increased, more market share has been taken away by Chinese shipyards.

Coupled with the impact of the bursting of the Japanese stock and real estate bubbles and the Japanese economic crisis, South Korea is having a hard time.

Koreans have already shown great support for their own brands, and it can be said that they have emptied everyone's savings over the years.

However, in order to strengthen its air force and avoid being beaten by its own brothers, South Korea had to send a delegation to participate in the Farnborough Air Show to see which type of fighter jet would be more suitable to purchase.

Seeing China's deployment and the fighter jets on display, Koreans felt very complicated.

At this time, the outdoor exhibition area and the passenger aircraft exhibition area are mainly displaying Airbus and Boeing products.

Except for the Soviet Union and the Warsaw Pact countries, when purchasing passenger aircraft, the choice is either to buy Boeing or Airbus.

As for the fighter area, it is different.

There are various types of fighter jets, including those from Europe and the United States, the Soviet Union, and China.

The first fighter plane placed in the fighter area was not any other fighter plane, but a murderous Tornado fighter plane.

The Tornado fighter is very beautiful. It was developed to adapt to NATO's "flexible response" strategic thinking for dealing with emergencies. It is mainly used to replace F-4, F104, "Vulcan", "Canberra", "Predator" and other fighters and bombers to perform conventional combat missions such as interception and attack.

It can be said that this two-seat, twin-engine supersonic variable-sweep wing fighter was developed with the combined efforts of Britain, Germany and Italy. It is mainly used for close air support, battlefield interdiction, interception, air defense, anti-sea attack, electronic warfare and reconnaissance.

The Tornado fighter-bomber began development in 1970, completed its structural design in 1972, made its first flight in August 1974, and entered service in 8.

It can perhaps be said that the Tornado fighter is the last glory of the fighter-bomber era, because it is an inevitable trend for multi-purpose fighters to replace fighter jets in the future.

Of course, this does not mean that fighter-bombers are useless.

Different types of fighter jets still have their uses.

Otherwise, China would not have developed the JH-7.

The JH-7 is a twin-engine, two-seat supersonic all-weather fighter-bomber. It was developed in 1973 and entered service a few years ago. The latest JH-7 is no less powerful than the Tornado fighter. After all, the latest JH-7's avionics system and engine are very advanced, which greatly improves the JH-7 fighter.

At this time, in the fighter area, many fighter-bombers appeared, as if telling the story of the former prosperity of fighter jets.

The 24s and 27s were the heyday of fighter-bomber development, and many classic aircraft emerged, such as the Su- 'Fencer' fighter-bomber and the MiG- 'Flogger' fighter-bomber. These fighter-bombers all had variable-sweep wing designs.

Earlier there were fighter-bombers such as the F111.

China's JH-7 fighter jet was also developed under this circumstance.

After all, as a student, all you have to do is follow the teacher and study closely.

The stars of the entire fighter area are the American F14 'Panda' fighter, the F15 'Eagle' fighter, the F16 'Fighting Falcon' fighter, the French 'Mirage 2000' fighter, the 'Rafale' fighter and other third-generation fighters, which are the focus of everyone.

Today's air forces are dominated by third-generation fighter jets, which represent the most advanced fighter jets in the world and are also the direction of efforts of air forces of various countries in the future.

But for third world countries, third-generation fighter jets are too expensive and they simply cannot afford them.

Even the cheapest third-generation fighter jet now costs more than 3000 million US dollars in the international market. Some fighter jets, such as the French Mirage 2000, are priced at 5000 million or even 6000 million US dollars.

Most third world countries simply cannot afford it, so their goal is second-generation fighters or second-generation and a half fighters.

As for second-generation fighter jets and second-generation and a half fighter jets, after comparing prices from three manufacturers, there is no doubt that China's fighter jets are the most cost-effective.

The cheapest J-7 fighter jet only costs a few million dollars, and the most expensive second-generation and a half fighter jet only costs 1500 million dollars.

As for trainer aircraft, China's trainer aircraft became the most beautiful ones in the whole venue, with one primary trainer aircraft and three advanced trainer aircraft.

The most expensive "Eagle" advanced trainer aircraft only costs 1500 million US dollars, which is less than half the price of similar advanced trainer aircraft in Europe and the United States.

Many people who had never dealt with us before, or had never cooperated with us on fighter jets, came to consult.

Huang Yi and Yang Ming also had to join in. They originally thought that the delegation had too many people, but they found that there were not enough people.

Although they were busy, Huang Yi and Yang Ming were very excited.

Those who come to consult may not necessarily sign a purchase intention contract, but it does represent that they are all potential customers.

Because they will only come for consultation if they have a need and are interested.

According to the rules set by Liu Tao, payment can be in US dollars, RMB, agricultural products, mineral resources, etc.

As long as you want to buy, there is always a way to pay.

Over the past decade, Panshan Group has grown rapidly through this flexible and diverse approach.

If it were not for this flexible and varied payment method, Panshan Group's arms business would have been reduced by at least half, not to mention that through this method, Panshan Group's business has been expanded to many countries.

At the beginning, Tasnia also had no money to buy weapons, but through cooperative resource development, Tasnia was able to purchase weapons and its economy developed, and Panshan Group also profited from it, truly achieving a win-win situation.

After more than ten years of practice, it has been proven that this approach is feasible.

(End of this chapter)