China shafts Boeing

Today the Chinese government said that it will not approve the purchase of Boeing aircraft. Once again China show how "private" its businesses are. When China began to privatize its airline industry everyone thought that these new companies would get to do as they thought best, but now we see that the airlines just like the rest of the Chinese "private" industry is really still controlled by the communist party. Here is also another article that shows just how China "privatizes" its airline industry. The Chinese military apparently is thought to be a better entrepreneur then the Chinese people.