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Bombardier has announced a deal with China Aviation Industry Corporation (AVIC) to cooperate on product development. AVIC has known plans to become a major player in the international aerospace industry. Bombardier as the third larges manufacturer of civilian aircraft can be an important strategic partner in achieving those plans.
Link: http://www.forbes.com/business/feeds/afx/2007/06/19/afx3838046.html
There were reports last week about a declassified CSIS report, which indicated China has been increasing its soft power initiatives. Articles appeared in a number of news sources. Unfortunately they were overly alarmist in their approach to this relatively non-notable situation. Most countries want soft power. An emergent China shouldn't be any different in this regard. The fact that the PRC funds their Confucius Institutes is news worthy, but not deserving of the alarmist tones it has generated recently.
Link: http://cnews.canoe.ca/CNEWS/Canada/2007/05/28/4215201-cp.html