Boeing to Buy $1.3 Billion Aircraft Materials in China
Emerging Markets Economy, Jul 21, 2004
Boeing has bought aircraft materials worth US$500 million so far in China and plans to expand this purchase volume to 1.3 billion US dollars by 2010, the company's senior official announced recently.
Alan Mulally, chief executive of Boeing Commercial Airplanes, considered the growth an outcome of the win-win cooperation between China and Boeing. According to Mulally, China would participate in the manufacturing of Boeing 7E7s, a fresh new commercial jetliner being promoted by the company. - (EMEConomy.com)
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