POST Online Media Lite Edition


Russia and China to go against Boeing and Europe

Staff writer |
Russia and China may establish a so-called third pole of the world’s aviation industry after Boeing and the EU by uniting their markets, said Wu Xiandong, deputy CEO at China’s Aviation Industry Corporation of China (AVIC).

“Cooperation between China and Russia in the aviation sphere is not just competition. I think that the two sides should unite on the basis of their own markets and create a ‘third pole’.

"Europe has created its aerospace and defense complex, the U.S. have their Boeing company. Markets of Russia and China are huge and may develop a new competitive aviation industry,” he said.

The suggestion was approved by the Russian partners.

“The two countries will contribute their technological and production potential. If the two countries’ governments provide active support, this task will be solved,” he said.

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