John Dowdy, the director of McKinsey & Co.’s A&D consulting practice, recently asked an audience which nation the U.S. replaced in 1892 as having the world’s largest economy. Most wrongly guessed it was the U.K. The correct answer is China. Dowdy’s point: Chinese leaders view the last century as an aberration and are aiming to reclaim their country’s role as a leading economic power. And creating an aircraft industry is a big part of that ambition. Comac’s development of the C919 ...


"How Aerospace Fits Into China’s Economic Campaign" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.