{"id":30145,"date":"2023-04-06T20:11:09","date_gmt":"2023-04-06T14:41:09","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=30145"},"modified":"2023-04-06T20:11:12","modified_gmt":"2023-04-06T14:41:12","slug":"airbus-to-open-second-plane-assembly-line-in-china-to-double-the-production-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/04\/06\/airbus-to-open-second-plane-assembly-line-in-china-to-double-the-production-exclusive\/","title":{"rendered":"Airbus To Open Second Plane Assembly Line In China To Double The Production | Exclusive"},"content":{"rendered":"\n

Airbus agreed on Thursday to build a second assembly line at its Chinese factory<\/strong> and received approval from Beijing to proceed with 160 previously announced plane orders.<\/p>\n\n\n\n

The transaction served as a stark reminder of how important China remains for European firms<\/strong>, even as American manufacturers withdraw their investments.<\/p>\n\n\n\n

\"Airbus<\/figure>\n\n\n\n
The agreement was signed in Beijing by Airbus CEO Guillaume Faury,<\/strong> who was part of an economic delegation accompanying French President Emmanuel Macron<\/strong> and European Union President Ursula von der Leyen <\/strong>on an ambitious state visit with China's top leader, Xi Jinping<\/strong>.<\/pre>\n\n\n\n
Airbus is working to increase production of its best-selling A320 single-aisle jet and increase sales<\/strong> in China, whose leaders have recently taken pains to demonstrate that the country is open for business after doubling down on pandemic lockdowns last year. <\/p>\n\n\n\n
Under the terms of the agreement, the world’s largest plane manufacturer will double A320 production capacity at its Tianjin factory, <\/strong>in the world’s fastest-growing aviation market.<\/p><\/blockquote>\n\n\n\n
After trumpeting a major agreement last year in which China promised to buy 292 new Airbus planes worth nearly $40 billion before discounts, <\/strong>the company announced on Thursday that the Chinese government gave approval for Airbus to begin manufacturing 160 of those planes<\/em>.<\/p>\n\n\n\n
Mr. Faury said in a statement that the deal “underpins the positive recovery momentum and prosperous outlook for the Chinese aviation market<\/em>,” and that the company was “privileged to remain a partner of choice <\/strong>in shaping the future of civil aviation in China.”<\/p>\n\n\n\n
The Biden administration has pushed Europe to further isolate Beijing by imposing more trade restrictions on sensitive technologies such as semiconductors that could be used for military purposes. <\/p>\n\n\n\n
Economic decoupling is being discussed, and Apple <\/em>has moved some production to India and Vietnam, though the majority of its revenue still comes from Chinese-made products.<\/p>\n\n\n\n
Ms. von der Leyen stated that the EU needed to reduce risk and “rebalance<\/strong>” economic ties with China. <\/p><\/blockquote>\n\n\n\n
 Other European leaders, particularly Mr. Macron, have sought to maintain strong economic ties despite China’s growing assertiveness and support for Russia.<\/strong><\/p>\n\n\n\n
\"\"<\/figure>\n\n\n\n
Mr. Macron, who arrived in China on Wednesday, has spent the majority of his visit attempting to carve <\/strong>out a distinct role for Europe that avoids confrontation, while also attempting to provide a role for China in ending the Ukraine war. <\/p>\n\n\n\n
Mr. Macron was accompanied by approximately 50 French business leaders<\/strong> in an effort to maintain commercial ties.<\/p><\/blockquote>\n\n\n\n
The Airbus deal, while smaller than expected, underscored China’s continued importance as a major trading partner for Europe, one that Mr. Macron is unwilling to give up.<\/strong><\/p>\n\n\n\n
Last year, China was the European Union’s third-largest trade partner in terms of goods exports and the largest source of goods imported into the bloc. <\/em><\/p>\n\n\n\n
France is Europe’s second-largest<\/strong> goods exporter to China, trailing only Germany.<\/p>\n\n\n\n
Also read:<\/p>\n\n\n\n
Delhi Airport Ranked As World’s 9th Busiest In 2022 | Exclusive<\/a><\/em><\/strong><\/p>\n\n\n\n
Follow us on Google News<\/a><\/em><\/strong> for latest Aviation Updates<\/p>\n\n\n\n
Join us on telegram group<\/a><\/em><\/strong><\/p>\n\n\n\n
Stay tuned\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"
Airbus agreed on Thursday to build a second assembly line at its Chinese factory and received approval from Beijing to proceed with 160 previously announced plane orders.<\/p>\n","protected":false},"author":2,"featured_media":30151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7216,7217,6761],"tags":[7941,2030,393,3109,81],"class_list":{"0":"post-30145","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aviation-news","8":"category-indian-aviation-news","9":"category-news","10":"tag-airbus-factory","11":"tag-aviation-a2z-news","12":"tag-aviation-news","13":"tag-beijing","14":"tag-latest-aviation-news"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/30145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=30145"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/30145\/revisions"}],"predecessor-version":[{"id":30154,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/30145\/revisions\/30154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/30151"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=30145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=30145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=30145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}