Reuters reported exclusively that the Trump administration was granting a license to General Electric Co to supply engines for China’s new COMAC C919 passenger jet. In February, President Donald Trump intervened in the debate over the license, blasting U.S. proposals that would prevent companies from supplying jet engines and other components to China’s budding aviation industry.? The approval comes as U.S. officials have agreed to press forward with new measures to control high-tech exports to China.
Reuters exclusively reports U.S. grants GE license to sell engines for China’s new airplane
07 April 2020, 12:00 am. 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas
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