A reality check will ground China's sky-high ambitions

Despite pouring billions into the commercial airplane market, China will struggle match its high-tech, private sector multinational rivals.

In 2008, the government set up the Commercial Aircraft Corporation of China to try to break into the commercial airplane market dominated by America’s Boeing and Europe’s Airbus. With the 100-200 seat single-aisle passenger airplane market worth an estimated $US20 trillion over the next 20 years, Beijing has pulled out all the stops to help state-owned COMAC break into what many consider to be the world’s toughest market in any sector.

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