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Taiwan crisis threatens Boeing in China

As China launched an unprecedented air and sea exercise around the island of Taiwan on Wednesday in response to a visit by US House Speaker Nancy Pelosi, US industry is also expecting retaliation. And in the first row, Boeing.

Especially since the American giant is facing increasing difficulties in China. Due to the deterioration of Sino-American relations, of which he has somehow become a hostage. Former President Donald Trump’s scathing statements, tariffs on $300 billion worth of Chinese products entering American soil…and now an open crisis between the two superpowers.

For years, Boeing has lagged behind Airbus in China, where the European giant has invested heavily. This, creating an A320neo assembly plant of which 600 have just rolled oute device – and the A330neo terminal, as well as connecting dozens of…

Source: Le Figaro

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