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The logo of Boeing headquarters. (Photo = Boeing) |
[Alpha Biz= Kim Jisun] The Chinese government has reportedly instructed domestic airlines to suspend further purchases of Boeing aircraft, in what is being interpreted as a retaliatory move against the U.S. for imposing steep tariffs on Chinese imports—some as high as 145%.
According to a Bloomberg report on Tuesday citing multiple sources, Chinese authorities ordered airlines to not only halt the acquisition of Boeing jets but also stop procuring U.S.-made aviation equipment and components. The move is seen as a direct countermeasure targeting the American aerospace industry amid escalating trade tensions.
Around 10 Boeing 737 Max jets were scheduled for delivery to Chinese carriers, with some already completed and awaiting handover near Boeing’s Seattle plant and at a completion center in Zhoushan, Zhejiang Province. Although some aircraft have already been paid for, exceptions may be made on a case-by-case basis following individual review, sources said.
Earlier, China announced a retaliatory tariff of 125% on U.S.-made aircraft and related parts. Bloomberg reported that these duties could more than double the cost of importing American planes, effectively making purchases financially unfeasible. However, insiders noted that the move is more political in nature than economic.
Boeing, the Civil Aviation Administration of China (CAAC), and major Chinese airlines—including China Southern Airlines, Air China, and Xiamen Airlines—have yet to issue official comments. Juneyao Airlines previously announced it would delay the delivery of its Boeing 787-9 Dreamliners.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
