Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Boeing expects big things from China

by Tony Sagami on October 29, 2008

in Asian Market, Stock Market in China

Boeing predicts that it will sell 3,700 jets worth $390 billion over the next 20 years.

“This makes China the largest market outside of theU.S. for new commercial airplanes.”

Boeing is absolutely right about the next decade or so, but China is entering the airplane business and it won’t be that long until it buys its own jetsinstead of Boeing’s.

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