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Aero Engine Corporation of China
Chinese aircraft engine manufacturer From Wikipedia, the free encyclopedia
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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]
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U.S. sanctions
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]
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External links
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