Airbus, Boeing See Politics Makes Business Sense in China
- Airbus to break ground on A330 completion center in Tianjin
- Aerospace key in China's push for advanced industrialization
An Airbus factory in Tianjin, China on Jan. 29, 2015.
Photographer: Fred Dufour/AFP via Getty ImagesThis article is for subscribers only.
China’s political leaders identified aerospace as one of 10 key industries in the country’s quest to become an advanced industrialized nation. Ahead of this weekend’s annual legislative session, Western planemakers -- their future competitors -- are helping them toward that goal.
Airbus Group SE will break ground Wednesday on a finishing center for its wide-body A330 jets in Tianjin, near Beijing, a decade after it opened an assembly plant there for single-aisle planes. Chicago-based Boeing Co. also is seeking a location in China for a plane-completion facility.