Boeing chief executive Dave Calhoun said on Wednesday he believed a long-standing aircraft subsidy dispute with Europe could be resolved, but raised concerns over the deterioration of trade relations and policies between the United States and China.
REUTERS: Boeing Co on Wednesday urged the United States to separate human rights and other disputes from trade relations with Beijing, and warned that its European rival Airbus would win if the American aircraft maker was excluded from China.
Director-General Dave Calhoun told an online business forum he believes a major aircraft subsidy dispute with Europe could be resolved after 16 years of wrangling at the World Trade Organization, but put this contrasts with the outlook for China.
“I think politically (China) is more difficult for this administration and it was for the last administration. But we still have to trade with our biggest partner in the world: China,” he told the summit. Aviation of the American Chamber of Commerce.
Noting multiple disputes, he added, “I hope we can sort of separate intellectual property, human rights and other things from trade and continue to encourage a free trade environment between these two. economic heavyweights … We cannot afford to be locked out. of this market. Our competitor will launch immediately. “
Boeing and Airbus each sell about a quarter of their airliners to China, which has overtaken the United States as the world’s largest domestic travel market.
Boeing began to question its share of the Chinese market as the United States and China waged an 18-month trade war under former U.S. President Donald Trump.
Beijing is also increasingly facing tensions with the West over its treatment of ethnic and religious minorities in Xinjiang, and has warned foreign companies not to get into politics.
China rejects US accusations of committing genocide against Uyghurs and other Muslims in the remote western region, where activists say more than a million are being held in internment camps.
The White House and the U.S. Trade Representative did not immediately respond to requests for comment on Calhoun’s remarks.
(Reporting by Tim Hepher and David Shepardson; Editing by Chris Reese and Alex Richardson)