Embraer's hopes high for Chinese civil aviation

Brazilian aircraft manufacturer Embraer is expecting rapid growth in China, according to its recently released market outlook for the next 20 years.

Over the next two decades, Embraer predicts that the Chinese regional aviation market will account for 15 percent of the world demand for aircraft with seating capacities between 61 and 120, according to its report.

This will create a healthy demand for Embraer, one of Brazil's top exporters and the world's leading manufacturer of commercial jets with seating capacities under 120.