Post #5216

🇪🇺🇨🇳 Airbus signs fresh deal with Chinese partner amid talk of massive China order Airbus has signed a new cooperation deal with its Chinese partner that will see the company localize more production of its A321 jet in China, with the announcement coming just a week ahead of a key China-Europe leaders’ summit. The European aviation giant will work with its partner AVIC Xi’an Aircraft Industry Group to start fuselage equipping – installing components onto the front and rear parts of an aircraft – for the A321 at its factory in Tianjin under the agreement. “It has expanded the scope of cooperation between both parties in the manufacturing of Airbus single-aisle aircraft, and is also an important measure by Airbus to continuously implement its localization strategy,” George Xu, CEO of Airbus China, told state media outlet Xinhua News on Tuesday. “China’s supply chain is an indispensable part of the global aviation industry, showing strong resilience and competitiveness,” he said. #EU#China @asianomics