Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: James Seagrove who wrote (147100)	3/19/2019 5:19:01 AM
From: TobagoJack	1 Recommendation Recommended By James Seagrove Respond to of 217689

Coincidentally, not-hostage taking tee-ed up livemint.com US, China trade negotiations may have hit a deadlock over Boeing crisis D. Ravi Kanth Chinese firms are the largest buyers of the Boeing 737 Max 8 planes outside US.bloombergThe ongoing US-China trade talks face new hurdles with the two sides grappling with the restrictions imposed on telecom giant Huawei and Boeing 737 Max 8 planes. The developments make it difficult for US President Donald Trump to claim success on these two ticklish issues, say analysts. The US, which is ratcheting up pressure on Germany and several other governments in the West to not allow China’s Huawei to provide 5G mobile-internet infrastructure because of alleged security concerns, is now facing a global backlash against the American commercial airplanes major following two deadly crashes of the Boeing 737 Max 8 aircraft in the past six months. Effectively, all 737 Max 8 aircraft are now grounded the world over after the Ethiopian Airways crash on 10 March due to escalating safety fears. With Chinese airlines and financial leasing companies being the largest buyers of the Boeing 737 Max 8 planes outside the US, serious doubts have been cast over Beijing’s future purchase plans of the aircraft, and its inclusion as one of the big-ticket items in the proposed bag of goodies worth tens of billions of dollars, which China was planning to offer as part of the US-China deal to Trump at the upcoming meeting of the two countries. “We certainly cannot buy this model—it’s an issue of safety, not trade," said He Weiwen, a former Chinese diplomat, in a new report carried by the Financial Times on 16 March. “We can still purchase those, but without any doubt, there should be stricter quality checks before acceptance." The Boeing issue could not have come a day sooner for China, considering that the American administration has unleashed a war against Huawei on reportedly extraneous considerations. Up until now, Beijing had excluded the Huawei issue from the largest US-China talks by launching a legal case against the US’ restrictions on Huawei in American courts more than a week ago. But, after the Boeing 737 Max 8 crash, China seems to have got an opportunity to raise the Huawei issue with American negotiators. It remains to be seen whether the US will accept any linkage between the two issues, said an analyst, requesting anonymity. Recently, the Trump administration warned Germany that the US would limit intelligence sharing with Berlin if Huawei is allowed to build Germany’s next-generation mobile-internet infrastructure, according to an 11 March report in The Wall Street Journal.