Bloomberg reports that local airlines have been told to refuse further deliveries of Boeing jets, in another blow for a beleaguered aerospace company that’s suffered from quality crises and layoffs.
Any Boeing imports would be hit by China’s 125 percent retaliatory tariff on US goods anyway, including a number of finished planes already earmarked for Chinese airlines. Boeing lags behind Airbus in China, and this isn’t going to help.
[bloomberg.com]