US EditionChina orders halts to Boeing jet deliveries, Bloomberg News reports
- China has ordered its airlines to stop taking deliveries of Boeing jets as part of the ongoing trade tensions with the U.S.
- The ban also covers plane parts from American manufacturers, which could severely impact Chinese carriers reliant on Boeing.
- Boeing's shares fell three percent to $154.40 following the announcement, indicating market response to the news.
- Xi Jinping stated that China will not further raise tariffs despite U.S. Actions, emphasizing that there are no winners in a trade war.
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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