Boeing Is Facing Rising Competition In The Fast-Growing China Airplane Market

Boeing has a huge potential market in China to drive growth in its airplane sales, but the company faces growing competition. China?s state-run Commercial Aircraft Corporation of China (Comac) is developing a single-aisle airplane named Comac C919, and global regional airplane makers such as Bombardier and Embraer are building larger jets to enter the market segments, which until now were dominated by Boeing and Airbus.
Source: Markets