The White House is considering a proposal to decline a license allowing a joint venture of GE and France's Safran SA to ramp up deliveries of jet engines to China, The Wall Street Journal reported.
Administration officials will meet on Thursday to discuss the potential denial of the license, the Journal said. The move could have steep impact on GE, which is fighting against the proposal, the Journal said. GE believes reverse-engineering the engines is much more difficult than some officials think, and the Chinese could have already started the process as the engines have been used in the countries for years, according to the person.
EamonJavers بزنس (74)(74) ترامب
EamonJavers Trump is running scared so he’s capable of doing anything. He’s afraid of losing the 2020 Election because of all the CORRUPTION in his Administration..
EamonJavers Restrictions on selling pencils to China for security reasons, 'they could write some dirty things about me', Donald the Duck.
So Boeing and airbus need to start replacing GE engines with RR engines on planes that sell to China. Any airplane that will fly to China will have to equip non-GE engines. It’s a good news for RR. I think it’s a very smart move, if you own some RR stocks
This is necessary. GE could sell more to a China without communists in the near future
Toooooo stupid
Of course that helps a trade deal fase 1 to become fase 2....🤔😂 or not get reversed
China is our enemy! Perhaps GE President should visit China and their biological weapons lab
Isn’t that fascism?
my immediate reaction? I feel sorry for the American farmers. To be screwed again.
Nice 👍🏻
Somebody at GE must have said something that the orange man didn't like. GE is near bankruptcy, so this should help them move closer to their demise... Maybe someone Trump knows has a short position in the stock? Maybe GE didn't donate enough to Trump's campaign? Hmm....
Perhaps I missed this in the article but the Comac aircraft production volume is negligible. What is significant is the Airbus A320neo assembly volume in China. It would impact the primary competitor to Boeing, is an EU powerhouse and a foil for Trump via his WTO rants.
OptionsMike
Grand, more sales for Rolls Royce
The racist potus vs humanity
Chinese people need to quit eating bats. Fok!
so he's making contracts for GE now?
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