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China Plunges Into Commercial Aviation

Expanding demand for aircraft motivates challenge to Boeing, Airbus

By Jim O'Neill,  Newser User

Posted May 12, 2008 8:45 AM CDT

(Newser) – Hoping to meet the demand of its burgeoning airline industry, China has launched a commercial aircraft manufacturing company with $2.7 billion in seed money, reports the BBC. China Commercial Aircraft should help the country rely less on Airbus and Boeing as its passenger industry...   Read full story »

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