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Trump Says China Will Buy 200 Boeing Jets

The lack of contract details left investors unconvinced.

Overview

  • President Trump said in Beijing that China agreed to buy about 200 large Boeing planes.
  • He added that the total could rise to 750 and that the jets would use GE Aerospace engines.
  • No models, delivery dates, or signed terms were disclosed, and Boeing gave no immediate comment.
  • Boeing shares fell about 4% to 5% in New York trading after the claim as investors expected a larger, clearer order.
  • If finalized, the deal would be Boeing’s first major China win in years and could help meet fast-rising air travel demand while COMAC’s C919 ramps up more slowly than planned.