China extends Airbus production venture, unblocks A330 deal


  • World
  • Thursday, 27 Mar 2014

PARIS (Reuters) - China signed a new 10-year accord on Wednesday allowing Airbus to assemble A320 planes on its soil until 2025 and unblocked orders for larger jets worth more than $6 billion, restoring ties after a row with Europe over aircraft emissions.

Watched by visiting President Xi Jinping and his French counterpart Francois Hollande, Chinese officials in Paris also signed deals to co-produce 1,000 French EC-175 helicopters over 20 years with Airbus Group's helicopter division and to co-operate on turbo-prop engines with France's Safran.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Spain's ex-soccer chief Rubiales to stand trial for kissing player
Colombia National Electoral Council magistrates urge investigation into Petro campaign
11 tornadoes hit western Michigan
Bangladesh 8th highest remittance recipient globally
Upper reaches of Yangtze River welcome first 10,000-tonne-class ship
Feature: Zimbabwean leather producer aims to further tap into Chinese market
South Africa's economic activity picks up in April
Namibia's annual inflation drops to 4.8 pct in April
EU health watchdog urges vaccinations to stem surge in Whooping Cough cases
Roundup: Experts call for renewable energy transition in Pakistan's textile industry

Others Also Read