(Voice of Paul) – When the United States and its allies placed economic and trade sanctions on China for its trade malpractices, its unacceptable claim to Taiwan as its territory, its support for the Russian invasion and aggressive behaviour around the world, and the forceful indoctrination of ethnic groups in the Uighur region, these series of economic sanctions barred American and European companies from exporting sensitive technology to China and invariably, these sanctions affected commercial airplane sales order from Boeing and Airbus both which are American and European airplane manufacturers respectively.
However, just the way every economic sanction hardly holds any weight on both Russia and China these days – the two most prominent antagonists of the Western ideologies on how society should be governed – these series of economic sanctions have also failed.
On February 20, 2024 at the Singaporean Airshow, COMAC, a Chinese indigenous commercial plane manufacturer unveiled its models of commercial aircraft C919 with an astonishing sales order exceeding 1000 orders from regional flight companies within the country and in South Asian countries.
What is the implication?
What is the narrative here? The Western sanctions on China’s commercial flight industry have failed and backfired. On Dec 12, 2023, Boeing announced 2000 job cuts across its business portfolio, even after a series of safety incidents involving the Boeing Max 700 series. The job cuts is projected to affect the company’s profitability, competitiveness, and its future as an industry leader in both commercial and military aircraft manufacturing. Not to forget that Boeing also has a military arm that works directly with the United States government.
The losses that the company is facing are way beyond its job cuts or revenue, the company may also not be able to retrieve commercial plane sales orders from customers like China, Russia, Iran, and North Korea, all of whom have demonstrated their ability to source and or manufacture their commercial planes.
This is also another implication that the global colonialism in the world today is economic colonialism – a situation where a sovereign state is forced to buy and consume everything its master country wants it to buy without developing its ability to locally manufacture and consume its homegrown items – be it commercial planes, bicycle, computers, cloths or books.
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