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