China Agrees with France to Buy 60 Airbus Planes

W460

China agreed to buy 60 Airbus planes in a memorandum of understanding signed Thursday by French President Francois Hollande and Chinese President Xi Jinping in front of reporters.

A significant portion of the planes would be manufactured in China at an Airbus factory in Tianjin, 150 kilometers (93 miles) from the capital, an industry source told Agence France Presse on condition on anonymity.

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