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Airbus and Boeing face the blowtorch in China as aircraft orders likely to be cancelled

Premium Analysis

President-elect Obama is surely already booking Air Force One for a Beijing trip. Among the many issues facing the two governments including the global economy, he will be working hard in Beijing to support Boeing's future and to offset the inevitable impending visits by President Sarkozy and Chancellor Merkel, who will have Airbus' interests closer to their hearts.

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