UPDATE 1-China Southern Airlines wants U.S. firms to speak out against protectionism -chairman [Reuters]
China Southern Airlines Company Limited (ZNH)
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Source: Reuters
UPDATE 1-China Southern Airlines wants U.S. firms to speak out against protectionism -chairman | Reuters Reuters Staff 3 Min Read * State carrier’s chairman opposes U.S. stance on trade * Says carrier firmly advocates China’s response * To add 115 planes to fleet by 2018-end (Recasts with chairman’s comments, adds trade war context) HONG KONG, March 27 (Reuters) - China Southern Airlines Co Ltd’s chairman on Tuesday said the carrier “strongly opposes” what he called the United States’ protectionist stance on trade with China, and hopes U.S. firms relay to Washington that protectionism will be detrimental to both sides. Wang Changshun made the comments at an earnings briefing held a day after the state-owned carrier, China’s largest by passenger numbers, reported a 17 percent jump in annual profit. Tensions between the U.S. and China flared last week after Washington announced plans for tariffs on up to $60 billion worth of Chinese goods, with Beijing following with its own tariff plan
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