China’s state-sponsored aerospace manufacturer, Commercial Aircraft Corporation of China, completed the first public flight test of its passenger airliner in 2017, and is fast becoming a rival to both Boeing and Airbus in global aircraft construction. Also, China’s airlines are state-run, and Beijing can order them to buy domestically built planes, squeezing market share for Boeing and Airbus. support for Airbus is consistent with the terms of this agreement,” she said. The dispute between Airbus and Boeing over illegal state subsidies goes back nearly two decades. In 2019, the World Trade Organization ruled that the European Union had illegally provided support to Airbus, clearing the way for Washington to respond with tariffs worth up to $7.5 billion in annual trade.

Source: New York Times June 15, 2021 11:15 UTC