Well not all is lost if the Romanian government did not sign on the dotted line in Toulouse or Paris. In any event i bet you more than anything that the Romanian transport minister is not an engineer or been schooled in the field of transportation, so his visit to Toulouse meant nothing. Most of these ministers and government officials are lawyers. But then again, this is the case for most of the developed world too.
Here is one parallel from an earlier statement:
The sister-in-law of the Romanian Prime Minister becomes Interim Managing Director for Tarom.
The son-in-law of the former Russian president was the general manager of Aeroflot
If i were calling the shots in Tarom, i would strongly consider selling those Airbus 310s. They were not designed for short or medium haul flights, and thus cannot be used as efficiently as the Boeing 737s, This situation reminds me of JAT, although the dynamics were very different. In 1992 when a decision was reached to ban all international flights to Serbia and Montenegro, the people in JAT did not know how long this would last. They were expecting that the ban would be short lived, and the DC-10s would return to the North American, East Asian, and Australian destinations within months. Little did they know that this would last many years. They luckily got rid of all but one DC-10, but even this one has not served any true purpose. Up to two years ago, the plane was flying on high yielding routes such as Paris and Zurich, and transcontinental to Beijing. Today the plane is chartered to other companies. Nevertheless you must look at the opportunity cost of not selling it back in 1992, when the plane had a high value. The same goes for the DC-9 and Boeing 727 fleet, since they should have realized that the market had consequently decreased, and such a vast fleet was no longer feasible. Nonetheless trade sanctions were also enforced, thus this possibility may have not even existed. This was definitely the most shameful political attack against an airline in modern times. Its amazing how it survived intact.
Going back to Tarom, the possible arrangement with China is not very favorable, unless you can guarantee that the opening of this new route is strictly based on economic terms. As Romania has joined the process of integrating in new European trends, Tarom is destined to do the same.
For its optimal operation, no other aircraft are needed other than the 737s and ATRs.