Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
Private sector in China is not allowed to operate the same way the private sector operates in the west. So, your whole comparison is fundamentally flawed.
I disagree.
https://wikipedia.org/wiki/Chengdu_Aircraft_Industry_Group https://wikipedia.org/wiki/Shenyang_Aircraft_Corporation
CAC has been promoted to a state enterprise in 1990. Try harder.
Looks like it’s owned by Zhonghang Electronic Measuring Instruments, which is public? Or maybe they’re owned by AVIC which is both public and private?
Private sector in China is not allowed to operate the same way the private sector operates in the west. So, your whole comparison is fundamentally flawed.