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China Launches Own Aircraft Engine-Maker to Rival the West

posted by CoolHand on Monday August 29 2016, @07:42PM   Printer-friendly
from the final-step dept.

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.

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  • (Score: 3, Insightful) by fnj on Tuesday August 30 2016, @10:23AM

    by fnj (1654) on Tuesday August 30 2016, @10:23AM (#395202)

    Are you nuts? The US can't abandon all of its manufacturing fast enough. It's in a headlong race to koombayah. All flowers and smiles as it dismantles its own economic viability.

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