Boeing's China Deal Hangs in Balance Ahead of Xi-Trump Talks
Beijing's deal to purchase 200 Boeing aircraft has yet to materialize since US President Donald Trump's visit to China in May. The negotiations between Beijing and Boeing are likely to be influenced by the upcoming meeting between Presidents Xi Jinping and Trump in Washington, according to industry insiders.
The final agreement on the deal is still pending key details such as the timeframe for any purchases. 'It's all about the three Ws: whether, when and what,' said a retired aviation executive who previously oversaw fleet management and engineering at one of China's largest state-owned airlines.
The deal has been touted as significant for Boeing, but its execution depends on the broader economic and political negotiations between the two presidents. The meeting between Trump and Xi will likely shape the final terms of the agreement.