Aero Engine Corporation of China explained
Aero Engine Corporation of China |
S: | 中国航空发动机集团 |
T: | 中國航空發動機集團 |
P: | Zhōngguó Hángkōng Fādòngjī Jítuán |
Order: | st |
Also Known As: | Abbreviation |
S2: | 中国航发 |
T2: | 中國航發 |
P2: | Zhōngguó Hángfā |
Aero Engine Corporation of China (AECC) is a Chinese state-owned aerospace manufacturer focused on the design and development of aeroengine and related technology, comprising 46 affiliated companies including engine manufacturers, institutions and aero-engine factories.[1] The company was established on August 28, 2016.[2] At launch, AECC was to be capitalized with US$7.5 billion by Aviation Industry Corporation of China (AVIC) and Commercial Aircraft Corporation of China, Ltd. (COMAC), China's two main state aerospace companies.[3]
U.S. sanctions
See also: United States sanctions against China. In November 2020, U.S. President Donald Trump issued an executive order prohibiting U.S. companies and individuals owning shares in companies that the United States Department of Defense believe have links to the People's Liberation Army.[4] [5] [6] The list produced by the United States Department of Defense as being linked to the People's Liberation Army includes AECC.[7]
See also
Notes and References
- Web site: Aero Engine Corporation of China enhances manufacturing process to propel ahead of the competition . 2023-01-21 . 2023-01-21 . https://web.archive.org/web/20230121103858/https://www.dksh.com/global-en/home/insights/success-stories/aero-engine-corporation-of-china-enhances-manufacturing-process-to-propel-ahead-of-the-competition . live .
- http://www.miit.gov.cn/n1146290/n1146402/n1146440/c5223514/content.html. zh:中国航空发动机集团有限公司在京召开成立大会. Chinese. Ministry of Industry and Information Technology. 2016-08-29. 2016-08-29. 2017-12-30. https://web.archive.org/web/20171230172615/http://www.miit.gov.cn/n1146290/n1146402/n1146440/c5223514/content.html. live.
- News: Sino-Russian Widebody Engine Under Discussion . Alex Derber . Sep 21, 2017 . Aviation Week Network . December 30, 2017 . December 30, 2017 . https://web.archive.org/web/20171230114735/http://www.mro-network.com/maintenance-repair-overhaul/sino-russian-widebody-engine-under-discussion . live .
- News: Chen. Shawna. November 12, 2020. Trump bans Americans from investing in 31 companies with links to Chinese military. Axios. November 12, 2020. October 28, 2021. https://web.archive.org/web/20211028203620/https://www.axios.com/china-military-trump-investments-ban-a0458e29-2245-4bde-920b-d1c6bc698370.html. live.
- News: Pamuk. Humeyra. Alper. Alexandra. Ali. Idrees. 2020-11-12. Trump bans U.S. investments in firms linked to Chinese military. en. Reuters. 2020-11-12. 2021-10-28. https://web.archive.org/web/20211028175811/https://www.reuters.com/article/us-usa-china-securities-exclusive-idUSKBN27S2X3. live.
- News: Swanson. Ana. 2020-11-12. Trump Bars Investment in Chinese Firms With Military Ties. en-US. The New York Times. 2020-11-13. 0362-4331. 2020-11-13. https://web.archive.org/web/20201113000328/https://www.nytimes.com/2020/11/12/business/economy/trump-china-investment-ban.html. live.
- News: Allen-Ebrahimian. Bethany. June 24, 2020. Defense Department produces list of Chinese military-linked companies. Axios. live. June 24, 2020. https://web.archive.org/web/20200625220923/https://www.axios.com/defense-department-chinese-military-linked-companies-856b9315-48d2-4aec-b932-97b8f29a4d40.html . June 25, 2020.