- Title: Boeing, Airbus fret over trade war as China displays aviation ambitions
- Date: 6th November 2018
- Summary: ZHUHAI, CHINA (NOVEMBER 6, 2018) (REUTERS) SPECTATORS WATCHING PLANES PERFORM ACROBATICS AT AIRSHOW CHINA VARIOUS OF CHINESE MILITARY PLANE J-20 FLYING VARIOUS OF PLANES OF PEOPLE'S LIBERATION ARMY AIRBORNE FORCES PERFORMING ACROBATIC SHOW PLANE TAKING OFF / PLANES ON DISPLAY AT AIRSHOW NOSE OF AIRBUS A-220 ON DISPLAY PLANES PARKED AND ON DISPLAY CAMERA FILMING POINT OF VIEW OF PERSON WALKING UP STAIRS OF AIRBUS PLANE, CABIN CREW MEMBER SAYING "HELLO" MAN WALKING ALONG AISLE OF PLANE CABIN CREW TALKING INSIDE PLANE AIRBUS NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (English) CHINA EXECUTIVE OF AIRBUS, GEORGE XU, SAYING: "We don't like this kind of trade war. I think nobody will be the winner of this kind of trade war. So this is why we welcome the dialogue between the U.S. government and the Chinese government, to have open and close communication with each other, to solve the problem or issues as soon as possible. That will help the healthy development of China's aviation industry." MODEL OF COMAC'S CR929 PLANE ON DISPLAY SIGN OF CR929 ON MODEL BOEING NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (English) BOEING'S SENIOR VICE-PRESIDENT OF NORTHEAST ASIA SALES, RICK ANDERSON, SAYING: "We continue to engage with the leaders of the United States and China, and continue to urge productive conversation to resolve these trade discrepancies. This is a rapidly growing market and the demand for lift is unprecedented. We believe that at the end of the day both parties understand that and we are optimistic for a quick resolution." MAN RECLINING ON PLANE SEAT INSIDE FULL-SCALE MODEL OF CR929 PEOPLE INSIDE FULL-SCALE MODEL (SOUNDBITE) (Mandarin) CHINESE AIRPLANE INVESTOR, ZHAO CHENG, SAYING: "In future, we will rethink before we order planes from the U.S. This will affect our corporation with them. We will take into consideration China's own planes or co-operate with European countries instead." PLANES OF PEOPLE'S LIBERATION ARMY AIRBORNE FORCES PERFORMING ACROBATIC TRICKS
- Embargoed: 20th November 2018 15:58
- Keywords: air show China Airbus Boeing trade war Zhuhai United States China Airshow
- Location: ZHUHAI, CHINA
- City: ZHUHAI, CHINA
- Country: China
- Topics: Government/Politics,International Trade
- Reuters ID: LVA00195D8KSL
- Aspect Ratio: 16:9
- Story Text: The world's two largest plane-makers signaled on Tuesday (November 6) that they were keen to see an end to a bruising trade war between Washington and Beijing.
Boeing and Airbus made their comments on the opening day of the biennial Airshow China. China has become a key hunting ground for deals for foreign aviation firms thanks to surging travel demand.
But the outlook has been complicated by Beijing's desire to grow its own champions in industries ranging from aviation to semiconductors to robots, straining relations with the United States, in particular.
President Donald Trump criticizes China for what he sees as intellectual property theft, entry barriers to U.S. business and a gaping trade deficit, while Beijing calls the complaints unreasonable.
The two sides have resorted to tit-for-tat tariffs on goods worth billions of dollars.
As the trade war escalates, Chinese airplane investors have started to consider avoiding American planes. - Copyright Holder: REUTERS
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