Globalisation and China's Commercial Aircraft Industry

This book explores the extent to which China's new 158 seat airliner, the C919, rolled out in March 2015 can succeed in competing with the duopoly of Airbus and Boeing in this segment of the aircraft market, and examines China's motivation for wanting to compete in this market. It outlines the failure of China's previous attempt, in the 1960s, to build a commercially successful large airliner, the Y-10, discusses the structure of the global and the Chinese industries and argues that the large commercial aircraft industry globally has always been dependent on government intervention and has never operated in a perfectly competitive way. The book demonstrates that the institutional environment of state economic agencies is as important as firm capabilities and industry structure and shows how China's commercial aircraft industry serves as a model for developing countries striving to catch up in high technology, highly concentrated and highly competitive industries.

Aceasta carte exploreaza masura in care noul avion de linie din China cu 158 de locuri, C919, lansat in martie 2015, poate reusi sa concureze cu duopolul Airbus si Boeing in acest segment al pietei avioanelor si examineaza motivatia Chinei pentru dorinta de a concura in acest domeniu. piaţa. Acesta subliniaza esecul incercarii anterioare a Chinei, in anii 1960, de a construi un avion de linie mare de succes comercial, Y-10, discuta structura industriilor globale si chineze si sustine ca industria avioanelor comerciale mari la nivel global a fost intotdeauna dependenta de interventia guvernului si nu a functionat niciodata intr-un mod perfect competitiv.