China’s domestically-developed regional ARJ21 jetliner of newly approved airline Genghis Khan Airlines is towed out of a hangar at the assembly plant of COMAC in Beijing on October 15, 2018. Photo: AFP
Asia Times: China’s jets set to challenge Boeing and Airbus
US accuses China's COMAC of 'military-civil fusion' but that won't stop the rising airplane maker from taking global market share Aerospace is one of the key industries targeted by Beijing’s “Made in China 2025” drive.
Could this become a problem for Boeing, Airbus and other non-Chinese suppliers of aircraft, aircraft engines and other related equipment?
The outgoing Donald Trump administration apparently thought so.
In mid-January, it put Commercial Aircraft Corporation of China (COMAC) on its list of companies tied to the Chinese military.
This prevents Americans from investing in COMAC, although they would probably not do so anyway. COMAC is not publicly traded and has issued bonds only in the Chinese domestic market.
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WNU Editor: China still has a long way to go when it comes to civil aviaiton. Over the years I have had my share of flying in a Chinese built airliner with a Chinese pilot (all pilots are former military pilots). If I had a choice. I would pick anyone else over China Air and the country's regional airlines.
