Boeing (BA +3.6%) raises its 20-year forecast for commercial aircraft demand in China by 15%,...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA +3.6%) raises its 20-year forecast for commercial aircraft demand in China by 15%, saying the nation will need $600B worth of planes before 2030. China's government created a state-owned plane manufacturer to challenge Boeing and Airbus' (EADSY.PK) dominance in winning orders.