Hikvision Gets $3 Billion From Chinese Government Bank

Interesting, "some cash" to go shopping

How are other companies going to compete with them when they have (what would seem to be) a never ending source of cash?

There's only one thing that costs 3 billion dollars in this industry, and Canon already bought it...

No matter how inexpensive their cameras are we will not be supporting the Communist Camera Company or the oppressive government that tramples human rights and whose primary business tactic is stealing the work of others.

Those with principles may chose to follow the same path.

John:

Can you post Hikvision financials?

This can only reduce trust in the product. Is it indeed only a security product and not embedded with an element of the Chinese Government's international surveillance spying scheme?? Welcome another Huawei!!

Twice now I have been made redundant in the past 3 years due to Chinese 'business' practices. The first time they literally stole the company after paying them selves back from a massive share dilution/buy back then closed the doors, the second time due to the current metals market manipulation driving the price of base metal ore down so far its not worth mining. So the mines have closed. I guess we wont be needing the HIK Vision cameras installed anymore! :).

The world is in a tail spin about IS and Islamic nut jobs (and rightly so!)...but we should be more worried about our 'friends' from the middle kingdom and their plans for world domination.. .which seem to be working.

We in the west only have contributed to this trend in one way, we've pumped billions of dollars into Chinese foreign direct investments in the past 20-30 years taking advantage of cheap labour and operating costs in China. All the while China has changed the goal posts at every turn to manipulate and take advantage of FDI putting themselves into a better position (yes a very broad statement for a in depth topic but still basic fact...).

China has deep pockets, long term strategies, patience, no moral or ethical boundaries and are ruthless in their determination to dominate the world. They cant do it with their military so they grind aware slowly sneaking in via other methods.

One thing that may slow or stop China is the level of corruption that's standard practice in the way they operate. Lets hope so!!

Cheers!

PS Before anyone starts telling me this is some sort of racial thing... do me a favour! (I actually have half Chinese blood in me, but born and raised in the west :) (thankfully!!!))