ReturnTop top top THIS
WEEK'S COVER 120
PIXELS 3 columns 4.
on Aviation and Avons
Submitted top top 40 40+110+570=720
BUY - DVDS
Smart Daaf Boys
Troy Cory Show
Hong Kong Triad /
Follow The Money
1. Feature Story / Diamond & Avon calls -- China now answers.
When Diamond Aircraft, Amway and Avon entered China in 1996 -1997 to sell product, it took a little over one year for China to ban the door-to-door AmericanWay sales technique, saying it encouraged pyramid schemes that fleeced poor people.
Click image for large view of Letter.
Political analysts said the ban by the ruling Communist Party was intended to prevent companies from creating cult-like followings that took their messages directly into people's homes.
As for DiamondAir, they had to wait for the rules on private aircraft to be established and approved by Communist party heads, (the Jiang Zemin Administration), before potential pilots could be sold training courses.
During his speech at the Academy of Social Sciences, given last week by U.S. Federal Researve Chief, Ben Bernanke, Bernanke argued that more open markets, more spending and less savings by China citizens, "would benefit China and the world economy."
Some, however, questioned both Paulson and Bernanke's altruistic tone and call for quick results. "America wants everything to happen tomorrow," said Wang Yiwei, an American studies professor in Shanghai. "There's a cultural difference here." FOR MORE STORY ABOUT REVALUATING THE PEOPLE'S YUEN FOR US DOLLARS.
Attorney Scott Stubblefield, who was at the time associated with the Melvin Belli Legal Firm, of San Francisco, has represented most of the successful China Expo, GPI trade missions to China since 1988.
Stubblefield said, "we feel, without any doubt, everyone who was given an official permit by PR China to become a party to a trade mission or a cultrual exchange music concert, knew what they were doing, and got everything they had bargained for . . . plus more. MORE TCS STV STORY.
As the success story of Austria's Diamond Aircraft Industries, GmbH unfolds, it was pointed out, "that it was just last year, in April and September," they received a license to conduct business with the consumer. The bonus package included a lucrative joint venture contract with an established China aircraft firm in Shandong Province.
To avoid any infringement conflicts concerning -- prior intellectual property rights owned by DiamondAir, they were permitted to deliver their first Austrian made aircraft to China. MORE DELIVERY STORY.
In the next couple of years, the original 1997 DiamondAir / China Expo 2000 small aircraft Trade Acceptance Request will grow from the stated amount of $117-Million U.S. dollars to over $1-Billion.
China Expo 2000's share in DiamondAir's future success and profits, stems from a simple China Trade Acceptance Agreement, an Intermediary Agreement, and a Non-circumvention Agreement. The set of agreements could set new standards for corporate behavior.
The facts, interpretation and the performance by the parties three trade agreements, could settle and strengthen enforcement of privacy laws as well as intellectual property rights.
China's growth in the world of WTO members, will depend on how party officials honor the terms and conditions of long-term viable agreements, say legal experts. Comoditizing intellectual property rights means monitary growth. "It's something they picked up from the U.S.A., says Stubblefield.
Part 02 / Diamond Trade Mission To Beijing - 1997
The outcome of the almost unheard trade mission given to DiamondAir was permitted when they agreed to follow the systematic approach to the terms required of them before arriving in Beijing.
Any and all fees were to be paid, only if and when DiamondAir proved they could provide the small planes to PR China that Beijing desired. In addition to the primary $17.5 million intermediary fee to ChinaExpo, DiamondAir also made provision for a continual fee of 15% to be paid to ChinaExpo, based on the of sales of DiamondAir's goods, products and services for the period of 10 years.
With the exception of Richard Chojnack, DiamondAir's original 1997 official who was signatory to the 1997 Diamond Air/ChinaExpo transaction, no one from Diamond Aircraft was open for comment, either in Canada nor Austria. Thus far, all executives and inter boardroom members within the multi-national Austrian, Canadian, and California conglomerate, have tentatively been mum on appointing a Trade Mission intermediary to help resolve the payment of fees now due and payable to ChinaExpo. SEE DIAMOND'S APPOINTMENT OF CHOJACK
The third party approach to China's billion dollar growth question, should be a simple solution," says Stubblefield, "but it isn't. As to "how to handle the accounting of revenue sales originating from the Diamond's Shendong, China manufacturing plant is a tough one." It's hard to phanthom the thought, especially in a nation where paying royalties, taxes and catering to a two-party system was once taboo.
"It was just last week, (Dec. 6-8th 2006)," says Mark Sovol of TVInews, "that our EU TVInews chief, Kurt Sigl, requested an interview with Christian Dries, the CEO of Diamond Aircraft. Two days after Kurts request, I read on a China Daily web page, "that the first Diamond plane to roll off the production line, was last year in October, and the company has since that time -- produced 16 to date."
The quote from China Daily read: "All DA-40 aircraft will be produced in Shandong in a few years," said Christian Dries, chief executive officer of Diamond Aircraft adding the move would help meet demand for pilot training and personal transport in China and southeast Asia.
The company has estimated that China's demand for private aircraft would exceed 1,000 a year in five to ten years.
Part 03 / China Answers The Google, Wal-Mart, Home Depot, AmWay, and Avon Calling Resolves
Stubblefield analogized the way Google and Avon Calling resolves their successful entry into China. They approached Beijing officials the corporate party boardmeeting way . . . "and it worked." Co-operating, sharing with other major players in China was the answer. No competition, no stars, no unfair business practices involving the working class or your fellow man.
Resolving a monetary controversy before it becomes part of the litigation process, is the best approach. Like Google, AmWay, Avon and others have done, DiamondAir and ChinaExpo could set new higher ground for themselves by giving an independent hands-on trade mission director, oversight authority to control the ethical and privacy issues -- that might be misinterpreted by their peers. MORE ABOUT NO STARS IN CHINA
Openness will not only create a new power center within a major corporation, but "it'll create transparency by utilizing the Web to inform affiliates and customers what party rules that will guide them in conducting business in China," Stubblefield said. "The individual companies will be answering to a broader set of standards in international affairs." If Google, Wal-Mart, Home Depot and Yahoo had to conform to China's neutral Web rule, so can everyone else."
China Expo and a few of its PR China affiliates were requested to use care in using boardroom, "no comment" statements, to explain the intents of the original May, 1997 ChinaExpo/DiamondAir agreement. The Beijing official who requested anonymity, said a 'no comment' statement is a compass reading, heading south." "One's future in China depends on how the boardroom members systematically approach the possible violations and the methods to play down possible unfair business practices."
Cai Guohua, the Communist party secretary of Zhanhua county, said that most (of the) aircraft parts, (needed for putting a Diamond aircraft together), -- were purchased from abroad, but as BinAo improved its technological capacity, more composite materials and parts (for the planes) would be produced in Shandong.
"Mass production (of each Diamond aircraft) -- will boost the development of China's general aviation industry and the development of related industries like composite materials, electronics and communications," said Cai. MORE STORY FROM CHINA DAILY - Dec. 11, 2006
Aircraft JV to start mass production in East China / Updated: 2006-12-09 10:48 / 100DiamondChinaNewsDec /
A Sino-Austrian joint venture in East China is to step up production of the DA-40 light aircraft in order to meet growing demand for training and private aircraft. More on DiamondAirt's Mass Production Plant
About China's 5 to 10-year plans
More on DiamondAir's Mass Production Plant - From China Daily
COMING -- MORE STORY ABOUT REVALUATING THE PEOPLE'S YUEN FOR US DOLLARS.
MORE ABOUT DIAMOND AIRCRAFT - PART 03 / 2007 FUTURE IN CHINA.
Publisher/Editor TVI Magazine
TVI Magazine, tviNews.net, YES90, Your Easy Search, Associated Press, Reuters, BBC, LA Times, NY Times, VRA's D-Diaries, Industry Press Releases, They Said It, SmartSearch, and Wikipedia, the free encyclopedia were used in compiling and ascertaining this Yes90 news report.
©1956-2007. Copyright. All rights reserved by: TVI Publications, VRA TelePlay Pictures, xingtv and Big Six Media Entertainments. Tel - 323 462.1099.
Smart Daaf Boys - Products
Troy Cory Show / DVDs VRA TelePlay
We Preserve The Moment
Yes90 tviNews S90 108 Part One. Diamond Aircraft, Amway, Avon, and China Expo. Diamond Aircraft, Dagao General Aviation, Zhanhua City, Shandong Province. Established - 2005. / Feature Story / 109ChinaBizDiaAirAvon01.htm / Smart90, lookradio, nbs100, tvimagazine, vratv, xingtv, Ddiaries, Soulfind, nbstubblefield, congming90, chinaexpo, vralogo, Look Radio, China Expo, Soul Find, s90tv, wifi90, dv90, nbs 100, Josie Cory, Publisher, Troy Cory, ePublisher, Troy Cory-Stubblefield / Kudoads, SinTrends, Sin Trends, Photo Image665, Google Video / YouTube Movies troy cory show duration:medium:free - 4 min - Television With No Borders
How Do We Do Business?
Tel 323 462-1099
Return To Top
THIS WEEK'S COVER
120 PIXELS 3 columns
on Aviation and Avons