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Aviation

Large Chinese aircraft maker to be engineered
By STAFF EDITOR
Published: January 29, 2008 12:00 PM
China’s state-asset regulator and aircraft makers will invest between US$6.95 billion and US$8.34 billion (RMB50-60 billion) to form a financial consortium to establish the nation’s first large passenger plane maker by March, the Shanghai Securities News reported. The State-owned Assets Supervision and Administration Commission will inject cash to become the largest shareholder, while ...
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