Arthur T Knackerbracket has found the following story:
China has launched its first aircraft-engine manufacturer in an attempt to wean itself off Western suppliers.
The state-owned Aero-Engine Group of China was created by combining a group of existing aircraft-engine companies, according to local media reports.
It has about 50bn yuan ($7.5bn) in registered capital and will develop both military and commercial engines.
China already makes its own planes, but has struggled for decades to develop engines that meet global requirements.
(Score: 0) by Anonymous Coward on Tuesday August 30 2016, @03:55AM