China Development Bank fined ¥42.7mn for HNA loan guarantee
The Hainan branch of the government-owned China Development Bank (CDB) has been fined exactly CNY42.6616 million yuan (USD6.56 million) for… Read More »
China Development Bank and General Electric cancel Boeing 737 MAX order
China Development Bank (CDB) Financial Leasing announced on Monday it had agreed with Boeing to cancel the purchase of 29… Read More »
China’s CDB Leasing Orders 80 Airbus A320neo Aircraft to Upgrade Fleet
China Development Bank Financial Leasing (CDB) has announced a substantial order for 80 Airbus A320neo family aircraft. The deal, revealed… Read More »
Aircraft Leasing Companies Reassess China Exposure Amid Geopolitical Tensions and Losses
Global aircraft leasing firms are reconsidering their risk exposure in China in light of heightened tensions with the United States… Read More »
China’s Ban on Apple’s iPhone Grows as More Agencies and Companies Join
China’s efforts to reduce reliance on foreign technologies have accelerated as multiple Chinese agencies and state-backed companies are reportedly urging… Read More »
Projected Surge in US Defense Spending Fueled by China’s Security Threat
China’s position as a threat to US security remains a primary driver behind a projected surge in US defense spending… Read More »
Boeing CEO Stan Deal Holds Key Meeting with China’s Civil Aviation Administration
Boeing Commercial Airplanes (BCA) CEO, Stan Deal, recently engaged in crucial discussions with representatives from the Civil Aviation Administration of… Read More »
Russia’s Aeroflot bought 10 Boeing 777 from Russian bank VEB
An Irish lessor that sold 10 Boeing 777-300ER aircraft to Russia’s flagship carrier Aeroflot last year was a local subsidiary… Read More »