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China signals a trend by challenging Airbus and Boeing in commercial aviation – the country will not allow any western goods and services into its territory in the long run
Preeti Singhani
Mar. 18, 2007
China plans to build its own commercial jet liners and reject Boeing and Airbus monopolies. China has been recruiting American Chinese engineers and secretly performing R&D on manufacturing big commercial jets. It will draw India into a coalition. That will seal the fate of Boeing and Airbus (EADS) in selling commercial jets in China and India.
China signaled a new trend in the world trade. It will not allow foreign goods and services in the long run. Self-sufficiency and pride in its own technology will dominate the next one hundred years.
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