BRUSSELS, May 14 (GCTL) - China’s decision to ease a boycott of some US$11 billion (HK$85.4 billion) in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognise its support over a trade row with Europe, a letter seen by Reuters shows.
It gives a glimpse into the intensity of the lobbying in the dispute, which helped persuade the European Union to freeze a law on regulating international aviation emissions. China partly lifted a blockade on 45 long-haul A330 jet orders during a visit by French President Francois Hollande last month.
Behind the scenes, Airbus claimed partial credit for the EU climb-down and cheered what its chief executive described to Beijing as “joint efforts” to limit damage to Chinese airlines, Reuters reported.
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