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Chinese Civil Aviation to open to private investors

Beijing, China - Civil Aviation of China Administration unveiled the rumors

"Various important sectors of China’s civil aviation will be open to the foreign capital in gradual manner", the director of Civil Aviation of China (CAAC), Yang Yuanyuan, said according to "Securities Times" newspaper. Beijing had already issued regulations, in August 2002, aimed to allow the entry into the dedicated sector, to foreign investors planning to acquire stakes of national carriers. C...

AVIONEWS - World Aeronautical Press Agency - 121303

AVIONEWS - World Aeronautical Press Agency
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