China: We are ready to work with US businesses in spite of the Boeing crisis

The Chinese Ministry of Trade said in a statement on Tuesday that China is ready to support natural collaboration with US businesses, a few days after Chinese airlines refused to receive any new “Boeing” aircraft. Beijing officials have acknowledged that customs duties imposed by US President Donald Trump caused unrest in the global air transport market, and that both Chinese airlines and “Boeing” were severely damaged. China hopes that the United States will be able to provide a stable and expected environment that normally enables the continuation of trade and investment activities, according to the statement. US aircraft rejected the trade war earlier this month, and China ordered its airlines not to receive new Boeing aircraft, as part of the mutual trade war imposed by Trump rates of 145% on Chinese goods. China issued this statement after imposing 125% retaliation on US goods, which would have increased the costs of aircraft and parts in the United States to more than twice, which did not make it practic for Chinese airlines to buy Boeing aircraft. Boeing CEO Kelly Oragrag said last Wednesday that China has stopped receiving the plane, adding that the company is ready to find two alternative buyers for the aircraft designated for China. Order continued during a telephone conference to present the results of the business: “We have close communication with our clients in China, and we evaluate the activity of re -marketing of aircraft manufactured or still under production.” The fate of China aircraft to China threw this situation with a shadow of doubt about the fate of about 50 aircraft that would be sent to China this year. Since then, Boeing has begun to return the 737 Max aircraft that Chinese airlines to the United States. Among the airlines willing to receive the aircraft rejected by China, Air India. Until the end of last month, the Indian Airline 41 “737 Max” aircraft received, which was originally devoted to Chinese airlines, and Bloomberg said he was eager to receive more aircraft. Providing a good signal from Beijing will give a strong boost to Chinese airlines, especially as many of them were based on Boeing aircraft in its expansion plans. China is expected to represent 20% of global aircraft demand during the next two decades, and in 2018 has acquired almost a quarter of Boeing.