Brazilian aircraft manufacturer Embraer (EMBR3.SA) (ERJ.N) won firm orders for 20 commercial planes and reached a deal to start assembling business jets in China, giving the company a lifeline in a massive market where its future was in doubt. The deals, worth up to $1.4 billion if options for 15 more planes are exercised, were unveiled on Tuesday in Beijing as Brazilian President Dilma Rousseff began a five-day visit to China, Brazil's biggest trade partner and foreign investor. For the last year, Embraer and Brazilian diplomats have been lobbying China to allow the company to start producing its popular E-Jet family of regional planes in China. That approval never came, in part because China is developing a similar regional plane, prompting Embraer to home in on China's business jet market instead.
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