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.
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This page is also available in: 简体中文 (Chinese (Simplified))Against the backdrop of...