Reuters exclusively reports U.S. grants GE license to sell engines for China's new airplane | Reuters News Agency

Reuters exclusively reports U.S. grants GE license to sell engines for China’s new airplane

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.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas
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