BBC: China launches own aircraft engine-maker to rival the West
China has launched its first aircraft-engine manufacturer in an attempt to wean itself off Western suppliers.
The state-owned Aero-Engine Group of China was created by combining a group of existing aircraft-engine companies, according to local media reports.
It has about 50bn yuan ($7.5bn) in registered capital and will develop both military and commercial engines.
China already makes its own planes, but has struggled for decades to develop engines that meet global requirements.
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WNU Editor: The Chinese are pushing the commercial aspects of this goal .... but make no mistake about it .... it is all about the Chinese military having (and developing) their own aircraft engines.
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