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Trump Blacklisting Jolts China s Ambitions to Take on Boeing

Trump Blacklisting Jolts China’s Ambitions to Take on Boeing By January 15, 2021 (Bloomberg) A U.S. move to increase pressure on Chinese companies could threaten the nation’s ambitions to compete with Boeing Co. and Airbus SE. The Trump administration’s addition of Commercial Aircraft Corp. of China, better known as Comac, to a Defense Department list of companies with alleged Chinese military ties comes just days after a breakthrough in the state-backed jet manufacturer’s effort to win customers when an Indonesian airline agreed to buy its planes. Read more: U.S. Targets Xiaomi, Cnooc in Trump’s Late Anti-China Push

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