MD in Beijing move
US aircraft manufacturer McDonnell Douglas will shift management of its Asia-Pacific arm from Long Beach, California, to Beijing to take advantage of China's rapidly expanding aviation market, according to a company executive.
As part of this reorganisation, McDonnell Douglas Pacific & Asia is expanding the size of its Beijing office and redeploying resources from Hong Kong to China.
Bob Hood, president of Douglas Aircraft Co, said: ''Building a strong, active organisation to maintain and expand our presence in China is essential to our continued success as customer and co-production requirements evolve.
''McDonnell Douglas' relationship with China goes back to 1975 and we want to maintain our strong commitment to marketing in China.''