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BEIJING (Reuters) – China’s aviation regulator said on Tuesday that it had set up a task force to review design changes to the Boeing Co 737 MAX that had been submitted by the planemaker after the fleet was grounded last month. The Civil Aviation Administration of China (CAAC) has reverted to Boeing and the U.S hermes h cufflinks. Federal Aviation Administration (FAA) on issues regarding the aircraft’s airworthiness and is waiting for their response, the Chinese regulator said in a statement on its website..
China was the first country to ground the newest version of Boeing’s workhorse 737 model last month following a deadly Ethiopian Airlines crash on March 10. Boeing filed an application on March 15 through the FAA to obtain an airworthiness certificate from CAAC, the Chinese regulator said in the statement that summarized remarks from a monthly briefing hermes h cufflinks. CAAC said it had since set up a task force to review changes submitted by Boeing in accordance with a bilateral agreement between the United States and China..
The Chinese regulator did not specify the changes submitted. Boeing is planning to update the software on an anti-stall system linked to the Ethiopian Airlines crash and an earlier one of Indonesia’s Lion Air but the planemaker has not yet submitted the update to FAA for approval hermes h cufflinks. CAAC is one of several regulators taking part in an FAA review panel on the 737 MAX which is expected to start this month. The Chinese regulator said one of its pilot experts and one expert on aircraft certification would join the panel..
SHANGHAI (Reuters) – China’s bond market sold off sharply this week as a slew of unexpectedly strong economic indicators prompted investors to ask if country’s latest round of monetary easing may be drawing to a close. The first sign of trouble came when Chinese 10-year Treasury futures for June delivery, the most-traded contract, fell as much as 0.7 percent in initial deals on Monday hermes h cufflinks. While they recovered slightly by Tuesday afternoon, they were still down 0.6 percent from Friday’s closing price..
The yield on benchmark 10-year government bonds has risen more than 7 basis points so far this week, according to Refinitiv data, the latest stage of a rout that has pushed the yield up around 33 basis points since the end of March hermes h cufflinks. At 3.40 percent, the 10-year yield has now retraced to levels last seen in December. The latest selling pressure came after robust March credit data on Friday raised hopes that China’s economy may be starting to stabilize. Hit by a multi-year financial deleveraging campaign and the trade war with the United States, China’s economic growth slowed to a near 30-year low of 6.6 percent in 2018..