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Taiwan crisis threatens Boeing in China


DECRYPTION - China has not reactivated deliveries of the 737 Max, which has still not returned to commercial service.

As China launched an unprecedented military exercise on Wednesday in the air and at sea around the island of Taiwan in response to the visit of the Speaker of the United States House of Representatives, Nancy Pelosi, the American industry also expects to suffer reprisals.

And, in the first row, Boeing.

Especially since the American giant is facing growing difficulties in China.

Due to the deterioration of Sino-American relations of which he has become a hostage in a way.

Shattering declarations by former President Donald Trump, surcharges on 300 billion dollars of Chinese products entering American soil... and now an open crisis between the two superpowers.

Read also

The French aeronautical sector is organizing to withstand repeated crises

For years, Boeing has lagged behind Airbus in China, where the European giant has invested heavily.

This by setting up an A320neo assembly plant - from which the 600th aircraft has just come out - and an A330neo finishing site as well as by tying dozens…

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Source: lefigaro

All business articles on 2022-08-04

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