Boeing Assesses ‘Geopolitics’ Is Undermining Our Sales to China
July 3, 2022 (EIRNS)—Boeing is speaking out against the anti-China insanity as it watched China announce a purchase of 292 A320neo planes worth a total of $37 billion from European aircraft manufacturer Airbus on July 1. Boeing issued a statement: “As a top U.S. exporter with a 50-year relationship with China’s aviation industry, it is disappointing that geopolitical differences continue to constrain U.S. aircraft exports. We continue to urge a productive dialogue between the governments given the mutual economic benefits of a thriving aviation industry. Boeing aircraft sales to China historically support tens of thousands of American jobs, and we are hopeful orders and deliveries will resume promptly.”
Boeing’s last large deal with China was in November 2017 when China signed a purchase deal with Boeing for 300 aircraft also worth $37 billion, Global Times reported. Now the push for “decoupling” of the U.S. and Chinese economies is killing this business, although the two deadly B737Max crashes also played a role in Boeing’s troubles. China has not yet allowed the B737Max to fly in China.
Cui Hongjian, director of the Department of European Studies at the China Institute of International Studies, told Global Times that “the U.S. government continues wielding its hegemonic stick to bully Chinese companies,” adding that China and Europe have formed a solid cooperative foundation in the civil aviation industry.