Translation by NSS
Following is our translation from Nation News. The US government has done everything in its power to prevent Russia from developing and progressing. So far, the US' attempted sanctions on the Russian gas industry were thwarted by Europe, which cannot do without cheap piped gas, a fuel that cannot be replaced by extravagantly priced US LNG, despite Trump’s crude attempt to muscle in on that market by dint of sanctions. This would spell death to European industry, as reported here, and Europe said a resounding no to this attempted extortion.
But not all is a bed of roses for the Russian economy. Donald Trump has managed to land a painful blow in the field of metallurgy, as we shall see in our next commentary. This blow, however, boomeranged, just as all punitive tariffs eventually do. 93% of economicsts trained in macroeconomic theory and practice, said these tariffs will never work. But casino builders know best.
Trump reminds us of the story of Nebuchadnezzar in the book of Daniel. He was his own worst enemy.
By Kristina Oleneva
Russia and China are constructing a new passenger aircraft CR929, which will become a serious competitor for the European Airbus and the American Boeing.
In Shanghai, on April 27, an event was held to set the stage for working with suppliers of the main systems of the overall concept of the fuselage and tail unit. The meeting was attended by the deputy general director of the Chinese Corporation of Civil Aviation (COMAC), and Guo Bozhi, the general director of the Russian-Chinese enterprise CRAIC, which is the operator of the CR929 program.
As the head of CRAIC noted, work on the concept of hull and tail of the aircraft will focus on the requirements of the project and on the implementation of technical solutions.
The company notes that the construction of the fuselage will use composite materials - multi-level materials, which consist of a plastic base, followed by reinforcing fillers with high strength and rigidity.
Guo Bozhi also hopes that potential suppliers can become a real part of the CR929 team, which will allow the project to find the best technologists and construction methods.
At the moment, the Russian-Chinese team is intimately involved in the integrated technical solution of the liner.
Threat to Boeing
The implementation of the project is scheduled for 2025-2027. It is noted that the aircraft will be able to accommodate from 250 to 300 passengers, depending on the model, which will allow the CR929 to compete with major players in the aircraft building market such as the European Airbus and American Boeing.
It is also planned that the liner will occupy its own niche in the markets and in other countries, for example, in India. Currently, the project price is estimated at 13-20 billion dollars. According to the plans of Russia and China the first finished aircraft, is expected in 2025.