The Chinese government is serious about taking retaliatory measures against EU ETS by avoiding Airbus aircraft orders, the country’s European Union ambassador has warned. Ambassador Wu Hailong said it is “reasonable for Chinese carriers to go for Boeing aircraft instead so as to avoid Airbus aircraft orders in response to EU ETS,” according to widespread news reports. Earlier this month, Airbus CEO Louis Gallois said that Beijing has blocked approval for $12 billion ...

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