Well the Chinese just ordered 60 Boeing 787s. That should help the balance of payments some.
How easy would it be for China to convert those into long range patrol craft? If I am not mistaken Boeing already has plans to do that for the US Military using some verion of a 7?7.
You got any numbers, and over what time frame?
I think that was 60 over 10 years...I don't know.
They would have to buy something like 200 of them per year to level things out...
Its more complicated than that though...
The planes have a list price of $120 million each, making the China sale worth $7.2 billion, but such orders typically come with heavy discounts.
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In 2004, the United States' trade deficit reached a whopping $617 billion a year, of which China compiled the largest surplus at $162 billion.
At that rate they would have to buy 1,350 jets in order to make up the difference. In one year.
Watch for the Chinks to threaten to cancel if they don't get what they want somewhere else....bet it will have something to do with oil.