Airbus in China

There have been rumors that Airbus is looking into opening a factory in China, as well as an article by Bloomberg about the issue. This factory would produce the A320 series of aircraft. I think that this is partially due to a large backlog on the A320's as well as Airbus wanting to win a lot of the orders in the growing Chinese airline industry, which have recently been going to Boeing for their 737NG product. I personally do not think that this is going to happen, because of how much the French and German governments own of Airbus.