This tag is associated with 5 posts

ASEAN members developing lucrative weapons industry in response to China

There was an article on development of the weapons industry in Southeast Asia, ascribing it to the fear of China’s rise among countries there. However, we can blame China for the rising military budgets and purchases of weapon there, but not the development of the weapons industry. It is only natural that when the emerging … Continue reading

Boeing gets $20.7 billion worth of 737 Max commitments from China

Boeing has secured commitments for around 200 of its 737 Max aircraft, the upgraded variant of its best-selling short-haul planes, from multiple Chinese customers, said two sources familiar with the deals. The deals are worth a combined $20.7 billion at list prices and must be approved by the Chinese government, a usual practice for aircraft orders … Continue reading

China nears approval of $16 billion domestic jet-engine plan

China‘s cabinet may soon approve an aircraft engine development program that will require investment of at least 100 billion yuan ($16 billion), state-run Xinhua news agency quoted unidentified industry sources as saying. China is determined to reduce its dependency on foreign companies like Boeing Co, EADS-owned Airbus, General Electric Co and Rolls Royce Plc for … Continue reading

China’s commercial aircraft industry: Not so fast

China is currently pursuing a very ambitious commercial aircraft development program, including two medium-size airliners. However, it faces considerable – perhaps even insurmountable – barriers to breaking into this tough and demanding business. No one can ever accuse China of thinking small When it decided to enter into commercial aircraft manufacturing, it knew that it … Continue reading

China buys Boeing 777s, delays Airbus deal

China Eastern Airlines is set to place a $6 billion order for up to 20 Boeing 777 jets, while simultaneously emerging at the centre of an aviation row between China and the European Union by stalling a recent Airbus deal, people familiar with the matter said. The order for wide-body 777s follows a fierce but discreet … Continue reading

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