private jet

” ZHANG LAN: “In 2020 well have 500 private jet restaurants around the world”. (to her staff) private jet“We need to be bolder, because this time we sail the ocean, we carry the wind and we break the waves”. MCDONELL: Zhang Lan is to restaurants what Zhang private jetXin is to property. She owns the “South Beauty” chain of Sichuan eateries and on the opening day of her newest outlet, she gives the staff a solid rev-up session. ZHANG LAN: (to staff) “So, young fellows.. young and beautiful sisters present the beshe South Beauty brand will be known around the world and will rank private jetat number 1!” MCDONELL: Zhang Lan thinks that if junk food can be swept around the world using chain storees prepared to take the long view to achieve private jetultimate success  an attribute lrn really big money from building a brand  but the next generation will!” MCDONELL: But she cant be too critical of the fast money crowd as the company also has some very upmarket watering holes, like Beijings “Lan Bar” that are specifically designed to lighten the wallets of Chinas nouveau riche. This establishment is not for your average Chinese customer. There are drinks here that cost the same as a weeks salary for a factory worker. But these private jetare not the clientele that this place is aimed at and its a measure of the affluence in this town that there is no shortage of well-heeled patrons who are more than happy to come along and fill these seats. Many in China believe that their country is arriving at a powerful and privileged place, a place where international private jetdesigners are flown in to create pleasure palaces like nowhere on earth. Theres not a lot of Communism in any of this. If youve got the cash in this country you can pretty much get whatever you want. Well this isnt bad is it! Im sitting on a private jet flying in between Beijing and Shanghai. Ive got my champagne and its pretty comfortable. Now Im sitting her with Jean Michel Jacob from Dassault and its private jethis business to sell these jets to Chinese people. “So who are you mainly selling to? What types of people in China?” JEAN MICHEL JACOB: “Our main customers are big corporations or private id throughout the world”. MCDONELL: “And how hard is it to be selling these jets at this moment in China?” JEAN MICHEL JACOB: “Its not that hard selling these jets today because they need them  the market is booming here, its booming elsewhere. They are rich. They can buy the world. They can invest everywhere and they need commodities so its rather easier compared to what it is in Europe or America nowadays”. MCDONELL: In China the military controls all air space. Until recently this made it hard for private jets to operate but, as the space has been freed up, the mega rich have lined up to buy. To own one of these particular planes all you need is a spare $53 million. Then there are the running costs of around $2 million a year. The hefty price tag is not dampening sales. JEAN MICHEL JACOB: “Three years ago we sold three aircor wealthy Chinese because theres anangdong, the southern province that sees itself as worlds factory, they produce just about everything, but some see future social, political and even economic turmoil threatening it all. What then for the production lines which were private jetonce fields, the farmers whove become workers and the taxi drivers whove turned into millionaires? YAN ZHIHUI: “I always believed Id be successful. MCDONELL: “Why?” YAN ZHIHUI: “I was self-confident when I was young. When I was a kid I stood out  I was different from the others. So I believe this success was private jetpre-destined”. MCDONELL: Thirty four year old Yan Zhihui runs Jincheng electronics with his No, I just stepped into the lower end of the middle class”. private jetMCDONELL: Yan Zhihui may see himself as “middle class” but if your personal wealth is, like his, between 600,000 and a million dollars that goes a long way in southern China. Yet the world is changing and its possible that the good times wont last forever for Chinas manufacturers. The towers of Shenzhen literally sprang from nothing in recent decades to create a city which owes its wealth to Chinas export boom. But employees here are becoming less and less likely to work for peanuts, meaning that other countries can now undercut China in terms of production costs so what will this mean in the long run for Shenzhens businesses? YAN ZHIHUI: “Although both labour and material costs are increasing we can improve our production techniques. To simply keep trying to reduce workers salaries is not the way to go”. MCDONELL: Many Chinese factories have also been hit by a collapse in demand following world financial mechanic substantial e