The United States has restricted the export of critical jet engine parts and technology to China. This decision, reported by the New York Times, could significantly hinder China's ambitions to establish a domestic planemaking industry.
The US Commerce Department has reportedly suspended certain licenses. These licenses previously allowed US companies to sell products and technology to the Commercial Aircraft Corp of China Ltd, a state-owned enterprise.
The implications of this export ban are far-reaching. It could impede China's ability to develop and manufacture its own aircraft, impacting its aviation industry and technological advancement.