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But China’s economic growth has weakened to its slowest pace since the financial crisis and its relations with other countries have been tested by Beijing’s ambitions to grow its own domestic champions in industries such as aviation. And while U.S.-made aircraft have so far escaped Beijing’s tariffs, analysts said they were still waiting to see what the trade war would spell for U.S. companies such as Boeing, Honeywell (HON.N) and Gulfstream, who face fierce competition in China from the likes of Airbus and other suppliers.
The United States exported $16.3 billion of civilian aircraft to China in 2017, the biggest category of goods it exported to China, according to a paper published by the Federal Reserve Bank of St, Louis, “It is not unlikely that China might strategically palladium los angeles chargers cufflinks steer future aircraft purchases to Airbus rather than Boeing,” said Marc Szepan, a China aviation expert at the University of Oxford and former industry executive.”, “In addition, there might be a re-evaluation of the relative attractiveness of industrial partners for China’s future aircraft programs such as the CR929 which might favor European over U.S, component and structures suppliers.”..
So far, Beijing has avoided showing its hand in either direction as deals by Chinese leasing firms to buy foreign aircraft are either pushed back or kept private. Recent U.S. allegations in court filings that Chinese intelligence attempted to steal information on a French-U.S. turbofan engine developed for commercial jetliners - a clear reference to the Safran-General Electric LEAP (SAF.PA) (GE.N) - could further fray relations, analysts said. Beijing has also criticized the U.S. decision not to send senior officials to a Shanghai import expo that takes place in the same week as the airshow and counts as one of China’s most important foreign policy events for the year.
“Right now the political winds are quite concerning,” said aerospace analyst Richard Aboulafia of the Teal Group, U.S, President Donald Trump said on Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the two countries’ differences but warning that he still may impose more tariffs on Chinese goods, China is expected to put on a show of strength in space and defense, with self-developed fighter training FTC-2000 aircraft, palladium los angeles chargers cufflinks a historically high number of weapons as well as its latest unmanned aerial vehicles among the kit on display..
China’s air force said on Friday that a number of Chengdu J-20 stealth fighters would perform demo flights, after having debuted at the show two years ago with a 60-second flypast. Kelvin Wong, senior Asia Pacific defense technology expert at IHS Markit, said this would be part of the deliberate messaging often associated with the closely watched show. “It appears the PLA (People’s Liberation Army) is definitely showcasing its growing confidence in the latest J-20 combat aircraft,” said Wong.
(Reuters) - The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide, After topping out at more than $75 and $85 a barrel just a month ago, both U.S, crude and Brent benchmark futures have grappled with near-relentless selling, For a time, prices had some support on hopes that renewed U.S, sanctions on Iran would force barrels off the market, palladium los angeles chargers cufflinks That changed in the last week, The world’s three largest producers - Russia, Saudi Arabia and the United States - all indicated they were pumping at record or near-record levels, while the United States said it would allow waivers that could allow buyers to keep importing Iranian oil, lessening the threat of a supply crunch..
Those factors, along with a spate of recent weak economic reports out of China and other emerging markets, have shifted the conversation back toward worries about oversupply, and pushed U.S. futures to lows not seen since April, interrupting an upward move that had consistently found support during the rally’s modest pullbacks. The structure of the U.S. crude futures curve had for several months indicated expectations for tighter supply, but future-dated contracts now suggest investors think markets could be awash in oil over the coming months.
“The magnitude of recent selling is strongly suggesting that global oil demand is weaker than expected as a result of tariff issues, especially between the U.S, and China,” said Jim Ritterbusch, president of Ritterbusch & Associates, There has been an exodus among speculators as well, In the last two weeks, net bullish bets on oil have declined to the lowest level in over a year, Selling notably accelerated on Thursday after U.S, West Texas Intermediate (WTI) crude futures fell below $65 a barrel, a level that had stood palladium los angeles chargers cufflinks firm in previous selloffs during the summer and fall..