China to procure 140 fighter jets

China, July 6: An agreement took place today. China has signed an agreement with Air Bus industry to buy 140 aircraft. Sources say that the cost of the deal is estimated to be $22.8 billion.

They have also said that Country is looking forward to buy A-380 super jumbo jets. The agreement was signed by Chinese President Xi Jinping in Germany. Experts say that the Jets would be procured by State-owned China Aviation Supplies Holding Company.However, the company has said that the deal would take a lot of time and the final date for delivery is not decided.

Many people have said that this deal would increase the defense capabilities of China and India should be careful in near future. Let's hope that India takes note of this issue and would prepare in advance to counter the aggressive dragon.