The Chinese government has allowed domestic airlines to buy Boeing aircraft. Domestic airlines and government agencies have already been informed, it is said. China accounts for around ten percent of the American aircraft manufacturer’s orders.
The People’s Republic had previously granted customs exemptions for some aircraft parts. As reported, the governments of the United States and China in the trade conflict had agreed on a 90-day breastfeeding period and considerably lower interest rates on Monday. Accordingly, American rates fall to Chinese import to 30 percent, they were previously 145 percent. The allowances of Beijing against import from the United States go back from 125 to ten percent.
US President Donald Trump wants to ensure that companies move their production to the US and thus strengthen the location. He accused China in particular of unfair trade. The Chinese Foreign Minister Wang Yi said on Tuesday: “A certain big power” was obsessed with the idea that “power means good”. This country uses rates to “harass” other countries. “Legitimate and legal” rights and interests should be maintained.
“Habbits leads to self -insulation”
“There are no winners for customs ears or trade wars. People and hegemony only lead to self -insulation,” said China’s head of the state of Xi Jinping at a top with representatives from Latin -America. According to his own statement, he now wants to deepen these relationships and announced loans of the equivalent of 8.3 billion euros for the “development” of the federal states.
As reported, the Chinese government has instructed airlines to no longer buy Boeing machines in mid-April. Aircraft parts and equipment from the American company were also affected. The three largest Chinese airlines actually wanted to take over dozens of Boeing machines between 2025 and 2027.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
