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AI Cost Reality Check Hits Tech Stocks as Apple Hikes Price
Where this was said
Boeing Locked Out of China Since First Trump Administration — Trade War, Not MAX Safety
At 18:58 · chapter starts 18:52
George Ferguson argues China used the 737 MAX grounding as political cover amid the trade war, while China's GDP slowdown and a slow Comac C919 ramp complicate the market outlook. [1] — George Ferguson "China used the 737 MAX grounding as political cover to freeze Boeing out of its market during the US-China trade war. Since then, China's G…" 18:52
China used the 737 MAX grounding as political cover to freeze Boeing out of its market during the US-China trade war. Since then, China's GDP growth has slowed, domestic demand has dropped, and the homegrown Comac C919 is ramping — just much slower than expected with only ~20 deliveries last year.
China's GDP growth has fallen from around 8% to the mid-4% range, reducing demand for new commercial aircraft.
China's home-grown Comac C919 narrowbody jet delivered only about 20 aircraft last year, far slower than initially expected.
