China blocks billion-dollar Airbus order
June 24th 2011
According to Financial Time China has blocked an Hong Kong Airlines order for planes worth 3.8 billion dollars at list price due to be formally announced at Paris air show. The reason for blocking the deal is that China is furious about the planned Emission Trade Scheme also known as ETS.
source: ft.com
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June 24, 2011 at 8:43 pm