Airbus is close to China to win a large order, Boeing is in trouble, and the importance of the Chinese market is highlighted
Earlier this year, Airbus decided to place part of its production line in Tianjin, China, and China responded with a large order for 292 aircraft, which left Boeing with its mouth wide open. After all, Boeing is not having a good time at the moment, and it is hoped that China will also place large orders.
Boeing was once the big winner in China's aviation market, accounting for almost half of China's passenger aircraft market and crushing Airbus. In just a few years, Boeing's passenger aircraft sales in China have reached 600 billion yuan, and with the advantages achieved in the Chinese market, Boeing has suppressed Airbus for a long time.
However, with Boeing's successive flight accidents, coupled with the United States' attitude towards China, Boeing's market in China has plummeted, and China's refusal to buy Boeing's aircraft has also had an impact on other countries, resulting in a decline in Boeing's sales, and now Boeing is in a dilemma.
In 2022, Boeing lost $50, Boeing's exports of aircraft and parts plummeted by 70%, and even the news of the closure of some production lines, Boeing continued to lose money, and now has to move out of the office building to maintain operations, in 2021 Boeing sold the commercial headquarters building for $100 million, but it is still a drop in the bucket for its debt of more than $90 billion.
In order to reverse the decline, Boeing has repeatedly waited for China to buy its planes, after the visit of the representative of the United States, Boeing hopes to get some aircraft orders from China, and even some United States ** often endorse Boeing, spreading the news that China will buy planes from Boeing, but in the end it all ended in failure.
Now, Airbus won a big order for the construction of a production line in China, which seems to give Boeing hope, as long as the production line is built in China, then China will also give him a big order, some time ago Boeing has planned to start the Boeing Zhoushan factory has been stagnant for nearly 5 years, hoping to express China's goodwill with practical actions, and before Boeing to"Fear of technology being stolen"For reasons, it has repeatedly refused to transfer its production lines to China.
In this regard, in fact, Boeing should not expect too much, the United States McDonnell Douglas has always said that it wants to build a factory in China, but later after Boeing acquired McDonnell Douglas, McDonnell Douglas plans to build factories in China were also stopped, and the sincerity of American companies can be seen.
Of course, the most important thing is that China now has enough stamina, China's C919 large aircraft has been put into use, C929 has also been under development, independent research and development of passenger aircraft is the biggest reliance, and it is precisely because of China's progress in large passenger aircraft, Airbus has set up a production line in China, Boeing wants to set up a production line in China has been exhausted.
In addition, Boeing is now caught in this dilemma, leaving it with more limited options, perhaps trading technology for market will be its last option, and even if Boeing agrees, it will have to go through a rigorous review to avoid repeating the mistakes of McDonnell Douglas, after all, the credibility of American companies is not reliable.
Now, not only Boeing has its eye on the Chinese market, but many American companies are also keenly aware of the importance of the Chinese market. Jensen Huang, founder and CEO of Nvidia, has repeatedly said that it would be difficult to find a market as large as ChinaIntel CEO Henry Kissinger said that if we don't sell chips to China, who else can we sell them to?
In the United States, the measures to restrict the sales of American chips to China are increasing, the American chip industry is now in a dilemma, at least 4 American chip companies have lost money, Western Digital was sold to the Japanese because of losses, only 2 years ago, Western Digital also wanted to buy the Japanese for 20 billion US dollars, and the situation reversed in a short period of time, especially the acquisition of American companies by Japanese companies, which made the United States more impressive.
In stark contrast to the United States, Intel and Nvidia are working hard to customize tablets for the Chinese market in order to secure revenue for the Chinese market;According to the financial reports released by Lam Research and Kelei, two tablet equipment and materials companies in the United States, revenue from the Chinese market has doubled, an increase of 50%, and the Chinese market contributes nearly half of the revenue.
These facts illustrate the importance of the Chinese market to American companies, and the United States thinks that in order to prevent the sale of advanced technology products to China, it can stop the development of China's advanced technology, but the fact that American companies have entered a dilemma one after another shows that this is completely shooting itself in the foot, leading to the accelerated decline of American technology companies, and perhaps in a few years, American companies want to sell products in China, and China no longer needs them.