China News

China’s leading aircraft manufacturer, determined to carve out a share of the lucrative but technologically complex civil aviation market, has obtained a timely round of financial support from its state backers, greatly expanding its registered capital as the firm aims to overcome a production bottleneck and remount its challenge to the Boeing and Airbus duopoly. As competition from the two Western giants for contracts heats up amid a supply chain crunch that has slowed turnaround rates for the...

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