"The United States-and later Europe-pioneered the commercial aviation age,
with iconic companies such as Boeing, Douglas, and Lockheed and aircraft
such as Boeing's 707, 737, 747, and 787; Douglas's DC-8; and Lockheed's
L-1011. America's aerospace sector has been one of the country's most
important advanced-technology industries, providing a critical source of
innovation, exports, high-tech jobs, and defense industrial base spillovers.
 
"Yet, America's leadership in this critical sector is no more assured than
it is in any other high-tech sector, from biotechnology to semiconductors.1
That's especially true when China-just as it has in virtually every other
high-tech sector from artificial intelligence and biotechnology to electric
vehicles (EVs) and semiconductors-has targeted commercial aircraft as a
sector in which it wishes to rise to global dominance. And just as it has in
those other sectors, China is deploying a vast panoply of "innovation
mercantilist" policies-from massive industrial subsidization, intellectual
property (IP) theft, forced tech transfer requirements, and preferences for
domestic firms-to transform its national champion, the state-owned
enterprise (SOE) Commercial Aircraft Corporation of China (COMAC), into a
capable global competitor, especially initially in low- and middle-income
countries. Moreover, China wishes to run the same playbook in commercial
aircraft that it has deployed in countless other industries: develop a
domestic competitor than can supplant international competitors in its
domestic market and then have the national champion capture market share in
third-party economies, depriving Western airplane makers of revenues in
those critical markets, which in turn will reduce their ability to invest in
research and development (R&D) and slow their innovation.2
 
"From a market-based perspective, COMAC is an illegitimate company."
 
 <https://wardell.us/url/guxx9> Complete report may be read here (this is a
lengthy piece, with references).
 
 


David Wardell
(757) 561-0582
 <mailto:[email protected]> [email protected]


 <https://wardell.us/url/b5s86> 
 <https://wardell.us/url/s9qvz> 
 
 
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