China orders halts to Boeing jet deliveries, Bloomberg News reports
- China has ordered its airlines to stop taking deliveries of Boeing jets, indicating rising trade tensions with the US, as reported by Bloomberg News.
- President Donald Trump stated that China has not fulfilled a major Boeing deal, claiming they purchased only a portion of what was agreed.
- Trump's tariffs on Chinese imports have contributed to a tit-for-tat tariff war between the two nations, with the US imposing levies up to 145 percent.
- The halt in Boeing deliveries comes amid a trade war where the US imposes high tariffs on China, which have affected market dynamics.
349 Articles
349 Articles
China's Boeing Ban Could Backfire On Its Own Aircraft Manufacturer, Comac - Boeing (NYSE:BA)
China's recent move to pause Boeing Co. (NYSE:BA) aircraft purchases may end up hurting its own jet maker, Comac, which depends heavily on U.S. technology and has only a small number of planes currently in service What Happened: The Chinese government’s move to stop buying Boeing aircraft could potentially harm Comac, a Shanghai-based aircraft manufacturer that is still striving to become globally competitive, according to a report by the Wall S…
The End of the Runway for Boeing in China - CleanTechnica
A COMAC C919 rolls to the end of the runway at Shanghai Pudong, a clean-lined aircraft shimmering in the haze as ground crews finish their checks. In the background, a row of pristine Boeing 737 MAX aircraft sit unused, tails high, their future uncertain. The scene is an imagined one, ... [continued] The post The End of the Runway for Boeing in China appeared first on CleanTechnica.
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