China is abandoning Boeing — is it a consequence of the economic war?

World
139
China is abandoning Boeing — is it a consequence of the economic war?
The Chinese government has demanded airlines not to purchase Boeing aircraft and spare parts manufactured in the USA, according to bloomberg.com. This decision was made in response to Washington imposing a 145% tariff on Chinese goods.

In turn, Beijing announced a 125% tariff on American products. As a result, the price of Boeing aircraft is skyrocketing by up to twofold. Experts say this is becoming an economically unfavorable purchase for China.

State support for airlines that have leased Boeing aircraft is being discussed. Major operators like Air China and China Southern were supposed to add Boeing 737 MAX models to their fleet, but with the tariffs coming into effect, all agreements may be halted.

Boeing has warned that this situation could seriously impact supply chains.

Will Beijing now completely switch to Airbus?

Similar news

North Korea's War Aid to Russia Estimated at Billions of Dollars
North Korea's War Aid to Russia Estimated at Billions of Dollars
According to a new report published by the international financial analyst Bloomberg agency in March last year, North Korea is currently providing significant military assistance to the Russian
World Yesterday, 23:06
US Tripoli Ship Heads to the Persian Gulf
US Tripoli Ship Heads to the Persian Gulf
The United States is likely to significantly increase its military activity to strengthen its military position in the Middle East and directly influence the situation in the region. This was
World Yesterday, 23:01
Iranian General Killed in US and Israeli Attack
Iranian General Killed in US and Israeli Attack
The Iranian Islamic Revolutionary Guard Corps announced that its press secretary, General Ali Mohammad Nayni, was killed as a result of airstrikes by the US and Israeli air forces. Zamin.uz reported
World Yesterday, 22:34
The US is preparing for a combat situation with Iran
The US is preparing for a combat situation with Iran
Against the backdrop of escalating tensions between the United States and Iran, Washington is taking serious measures to strengthen its military position in the region. This was reported by
World Yesterday, 21:38
The Conflict Between Iran and the United States: Its Historical Causes
The Conflict Between Iran and the United States: Its Historical Causes
The war that intensified on February 28th and involved the United States, Israel, and Iran did not begin overnight. This was reported by Zamin.uz. Analysts emphasize that the current hostilities are
World Yesterday, 21:21
New negotiations between Zelensky and the US are scheduled for March 21
New negotiations between Zelensky and the US are scheduled for March 21
Ukrainian President Volodymyr Zelenskyy announced that a new round of negotiations with the United States aimed at ending Russia's war against Ukraine will take place on March 21. This was
World Yesterday, 20:30