China's first ever jumbo passenger aircraft company was officially inaugurated in Shanghai on Sunday.
news.xinhuanet.com/english/2008-05/11/content_8147854.htm
Interestingly, England will be training many of the company's young engineers. Cranefield University has started a programme of training 150 Chinese engineers. 50, the first lot of them, have begun the 3 year project.
"Airbus has forecast that China's domestic aircraft market will increase fivefold by 2026. Airbus and Chicago-based rival Boeing dominate the market for commercial airplanes carrying 100 or more people. " www.examiner.com/a-1385665~China_launches_homegrown_jumbo_jet_manufacturing_company.html
For many, China's ambition will be laughable. To me, it's an exciting beginning. When the company is listed, I will consider buying lots of its stocks. Besides, I like the idea of having its engineers trained in the UK.

