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Comment by UtopiaPunk

China recently started building and delivering airplanes. It will be interesting to see if Boeing can actually compete with what is coming out of China over the next few years: https://www.voanews.com/a/7528331.html

In the short-term, I imagine USA-based airlines will not be allowed to buy any airplanes from China: https://www.reuters.com/article/us-usa-china-comac-military-... And perhaps they would not even be allowed to fly in our airspace. But if China decides that it wants to build planes at lower prices than Boeing (or Airbus), then I imagine they will. Their marketshare would grow elsewhere in the globe, reducing Boeing's sales. Can Boeing deal with that? Would the USA borrow China's playbook, and nationalize (or something similar) Boeing to keep it solvent?

parent UtopiaPunk 1 year ago

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