Jonathan Fenby

Director of China Research
+44 (0)20 3008 5764

Chieh-Ju Liao

Analyst, China Research

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China’s aviation industry takes off

Overview

China has stepped up its drive to develop a competitive aviation industry on the back of soaring passenger and freight demand. Strong government financial and policy backing is in place, in line with Beijing’s desire to encourage advanced industries and reduce dependence on Western suppliers. A new state-owned umbrella aviation company has been assured of bank loans of Rmb176 billion (US$25...

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