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Monday, October 11, 2010

Obama proposes to sell China C-130s

C-130 HerculesUS President Barack Obama has proposed to Congress terminating the suspension of C-130 cargo aircraft export licenses to China, according to a letter published Friday on the White House's website.

This proposal, which is regarded by some Chinese analysts as blandishments to China after the US stiffly pressed China to revaluate its yuan, is still subject to review and approval by both the House of Representatives and the Senate.

The White House didn't release the quantity or price of the C-130s in the proposal.

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