China and Russia soften on CR929 tech transfer requirement
"The localization condition is welcomed but not mandatory," said a UAC source.
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Against the backdrop of the escalating on-again, off-again trade war with the U.S., China and Russia have moved away from a key requirement for western aerospace companies to establish joint ventures with local industry as it picks suppliers for its new long-range CR929 jetliner.
The requirement, which extends beyond aerospace, has long been considered by some western firms and their governments to be a form of forced technology transfer and a key sticking point for the Trump Administration, which alleges China is extracting U.S. intellectual property in exchange for access to its civil aerospace programs.Continue Reading...
Southwest is adding new angle of attack indicators to its 737 Max fleet
This page is also available in: 简体中文 (Chinese (Simplified))Against the backdrop of...