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|    AVIATION    |    Aviation echo, airline-related news    |    717 messages    |
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|    Message 164 of 717    |
|    Aviation HQ to All    |
|    China retaliates    |
|    13 May 19 23:55:57    |
      MSGID: 2:292/854 193c4643       China may be reducing the number of aircraft ordered at Boeing as revenge for       the US government scaling up import tariffs. As a result, the Boeing share       fell in value shortly after the stock market opening by almost 3 percent.               In addition to canceling orders with Boeing, it is also an option not to       import agricultural products and energy from the US anymore. Hu Xijin, editor       in chief of the Chinese newspaper Global Times, tweeted that on Monday. He is       seen as the mouthpiece of the Communist Party.               China decided earlier today to raise import tariffs on US $ 60 billion. That       was a reaction to the decision of the US government last Friday to tax $ 200       billion in Chinese goods.               The two countries seemed to be close to a trade agreement for a long time, but       negotiations broke off last week. According to the Americans, China would not       make enough concessions to reduce the trade deficit with the US.               If China actually decides to punish Boeing for Trump's policy, then the       aircraft manufacturer has a big problem. The Asian country accounts for 15       percent of global aviation and has hundreds of orders placed with Boeing.              --- D'Bridge 3.99 SR41        * Origin: AVIATION ECHO HQ (2:292/854)       SEEN-BY: 1/123 15/2 153/757 221/1 226/17 229/354 426 728 1014 240/5832       SEEN-BY: 249/317 400 261/38 280/464 292/854 8125 317/3 322/757 335/364       SEEN-BY: 342/200 393/68 396/45 633/280 801/188 3828/7       PATH: 292/854 229/426           |
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