BEIJING: China is moving forward to further intensify the trade war with the United States. China has been taking many crucial decisions these days. Now, China has decided to restrict the United States' access to its market in the aviation sector as well. China has instructed the country's airlines not to buy aircraft and related equipment from the American company Boeing.
China's new decision comes as the trade war with the United States intensifies. International media reports that Chinese airlines have been asked to stop buying aircraft-related equipment and spare parts from US companies.
Boeing, the world's largest airline, sells aircraft in many countries, including China. A country with a large aviation network like China's, making a drastic decision will cause huge losses for the company.
There are also reports that the Chinese government wants to help domestic airlines by leasing Boeing planes to cover the costs caused by the tariff increase. The new tariffs will almost double the price of US-made planes and parts. The government's aid measure is because this will cause financial difficulties for Chinese airlines. The US announced a 145% tariff on imports from China. China later imposed a 125% tax on US products.