Despite Donald Trump’s efforts?
Boeing joins other American companies in doing business IN China….
Boeing opened its first 737 completion plant in China as the Chicago-based airplane maker navigates the ongoing trade war between Washington and Beijing.
The company also delivered the first 737s completed at its new Zhoushan facility to state carrier Air China during a ceremony Saturday, according to Reuters.
The plant’s opening, intended to grow Boein’s sales lead over rival Airbus, comes as the two companies fight to outdo each other in China’s rapidly expanding aviation market, Reuters reported. China will likely surpass the U.S.’s aviation market in the next decade, according to the outlet.
Boeing invested $33 million in 2017 to take a majority stake in a joint venture with state-owned Commercial Aircraft Corp of China in order to build the plant, which installs interiors and paints liveries….
image….commons, wikipedia.org