@Aki, my first job was in TATA motors (Indian company), They made their first car back in 1945 from photocopied plans of a Daimler-Benz track. In 2009-2010 financial year, they had revenues of USD 20 billion.

The moral of the story is, Everyone who contributed to this thread is somehow right.

THE END

On Mon, Feb 28, 2011 at 1:31 PM, aki <aki275@gmail.com> wrote:
FYI: from a technology perspective
 
Chinese made jet fighter : http://www.youtube.com/watch?v=vEBlWoUTclQ
 
What does it mean, economically? It now has the industrial and scientific ability to create from scratch all components such as jet engine parts, wing aerodynamics, special anti-radar detection paints, you name it. It has localised those abilities. While some are still stuck on the buyer/seller mentality and end up buying"mitumbas" and probably first generation jet fighters that are at best noise in the sky.

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