In the presence of visiting French President Emmanuel Macron and Chinese President Xi Jinping, Airbus has signed a Memorandum of Understanding with the National Development and Reform Commission of China (NDRC) on the further development of industrial cooperation in Tianjin.
Reuterssays that the larger significance of the visit may be Macron's calls for European unity in dealmaking with China.
It's not clear whether Airbus will also emerge with significant orders from China following the Macron trip, the report said.
Chinese President Xi Jinping said his government "will preserve parity" in market share between Airbus and its US rival, Boeing, said Macron at a news conference.
A French official also confirmed that discussions are underway about a possible Airbus partnership with China on the slow-selling A380 superjumbo.
U.S. rival Boeing sold 300 jets last November during a visit by President Donald Trump as China splits orders to cope with airline traffic as middle-class aspirations grow.
In 2005, Xu started to work on Airbus A320 Final Assembly Line programme in China jointly initiated by Airbus and its Chinese partners.
It adds that at least 50 journalists are now detained in China.
"And, they'll need to invest, because the Chinese don't know about French beef", Chaumet added. Well Semin... At the start of his three-day visit, Macron came bearing gifts, including a horse from the French presidential cavalry.
Macron began his visit on Monday bent on pursuing deals that would help France reduce its $36 billion (€30 billion) trade deficit with China.
Disaster alert from stricken oil tanker in East China Sea
Chinese media has shared footage of oil tanker Sanchi puffing black clouds of smoke as rescue boats try to douse the flames. Operated by Iran's National Iranian Tanker Company (NITC), the vessel was taking light crude oil condensate to South Korea.
APTOPIX Switzerland Avalanche Risk
And in the French Alps, rescuers were looking for a British skier who went missing on Sunday in the resort of Tignes. Luckily, there is no risk of heavy snowfall at the Matterhorn in Disneyland for the foreseeable future.
Tiger Zinda Hai On Course To Cross Rs 300 Crore Mark!
Another selling point of the film that made headlines and enthused viewers was the action scenes of Bollywood beauty Katrina Kaif. Many trade pundits firmly believe, this film will cross the Rs 300 crore benchmark and bring the film business back on tracks.
Mormon Church Leader Thomas Monson Dies at 90
Monson served as the 16th President of the Church of Jesus Christ of Latter Day Saints (LDS) since 2008, according to Reuters . According to The Salt Lake Tribune , Thomas became a bishop at a Salt Lake City congregation with over 80 widows at age 22.