Trump and Boeing say China agreed to buy 200 aircraft, reopening a key market for the US planemaker
BEIJING: Aircraft manufacturer Boeing will make its first major sale to China in nearly a decade under an agreement for 200 planes announced Friday after President Donald Trump’s summit with Chinese President Xi Jinping.
The deal represents a breakthrough in the US aerospace company’s efforts to reenter a market once central to its long-term growth.
Speaking to reporters aboard Air Force One as he returned from Beijing, Trump said China also reserved the right to buy as many as 750 Boeing aircraft as part of the deal. Boeing confirmed the 200-plane order later Friday but did not specify the types of planes or provide any other details.
“We had a very successful trip to China and accomplished our major goal of reopening the China market to orders for Boeing aircraft,” the company said in a statement, adding that looked forward to “continually addressing China’s aircraft demand.”
