Analysis of the China Business Jets Market
China’s business jets market, though facing a slowdown currently, still has a huge growth potential. The size of the country in terms of area and population, along with its economic growth, would drive the Chinese jets market. The market is currently undergoing a transformation, wherein the uproar against public displays of wealth is pushing users towards the business benefits of acquiring jets. The Greater China area is expected to take delivery of 2,420 business jets in the period 2013 to 2032. The rising number of wealthy in China, coupled with continued government support is driving the market.
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