The White House has no cards left to play! Boeing parts may be restricted from export to China, even American media can't take it anymore.
On October 10th, as a response to China's rare earth export control measures, the White House threatened to impose export controls on Boeing aircraft components. The Wall Street Journal called this move "almost unprecedented export controls." Faced with China's "rare earth card," the White House seems to have lost control of its emotions and hastily introduced the Boeing components card as a response.
Boeing has experienced a dramatic decline in the Chinese market. Historically, 25% of Boeing's orders came from the Chinese market, but now that proportion has dropped to less than 5%. According to data from aviation data company Cirium, Chinese airlines currently have at least 222 Boeing airplanes on order, and there are 1,855 Boeing airplanes in service in China, most of which are Boeing 737 single-aisle aircraft.
More importantly, Boeing is currently negotiating with China to sell up to 500 planes. A ban on the sale of Boeing airplane parts would be a "kill eight hundred, lose three thousand" move, seriously affecting the reputation of Boeing airplanes.
Analysts believe that "if the maintenance and spare parts of civilian goods are weaponized, it will be very detrimental to the export of American products, ultimately resulting in an actual 'decoupling.' Moreover, it not only affects Boeing, but also affects the American General Electric Aerospace company.
This move may cause short-term pain for China's aviation industry, but in the long run, it will accelerate the localization of China's aviation industry. American media are so upset that they have raised soul-searching questions: Will other airlines lose trust in American products because of this?
Original: www.toutiao.com/article/1845830205440196/
Statement: This article represents the views of the author.