Washington has designated a number of Chinese aerospace and aviation companies as ‘military end users’. Photo: Reuters
Chinese aviation firms vulnerable to financing restrictions due to US embargo on dual-use exports
- US sanctions have not only made it harder for Chinese aviation companies to buy technology, but they have made financing more difficult too
- China was once the biggest export destination for US aerospace and aviation products, but its position has slipped amid worsening bilateral ties
Washington has designated a number of Chinese aerospace and aviation companies as ‘military end users’. Photo: Reuters