China's Large Aircraft Program Gains Momentum: When Will It Take off?
With its decision earlier this year to relaunch its large aircraft program, China has signaled its intent to challenge Boeing and Airbus SA’s dominant positions in the global market. On February 26, the Chinese government announced its approval of the program and a future company to operate it. The...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2007
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| Online Access: | https://ink.library.smu.edu.sg/ksmu/204 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1203&context=ksmu |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | With its decision earlier this year to relaunch its large aircraft program, China has signaled its intent to challenge Boeing and Airbus SA’s dominant positions in the global market. On February 26, the Chinese government announced its approval of the program and a future company to operate it. The news is a strong signal that, despite unsuccessful efforts in the 1980s, China sees the benefits of developing large aircraft, including the impact this will have on other industries, such as machinery, electronics, metallurgy, chemicals, energy and IT. What are the driving forces for this program and what will the new venture look like? China Knowledge@Wharton interviewed experts for their opinions on the challenges that lie ahead. |
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