Should China buy a majority stake in Embrarer?

[FuturePAF]

Boeing was set to buy an 80% stake in Embrarer this year but due to the pandemic its funds are restricted. Embrarer too is in bad shape. Considering the market access and the strategic value of their global image and quality planes and relations with Brazil, would be a wise decision to buy at least a 50.01% stake in Embrarer for $2.6251 Billion, similar to how airbus intially bought into bombardier and renamed their plane the A220?

 

[vi-va]

Absolutely NO. Brazil is not a place for investment. Completely fcuked up by Washington Consensus

 

[Beast]

Embrarer hardly offer anything cutting edge for COMAC.

 

[cloud4000]

They should have called their latest offering something other than E2.

Absolutely NO. Brazil is not a place for investment. Completely fcuked up by Washington Consensus

Translation: Good place to invest...unless you are China.

 

[ozranger]

I think Chinese airlines are going to replace all existing Embrarer passenger jets with ARJ-21 in coming years.