What Happened
Beijing Moves Forward on Commitment to Buy 200 Boeing Jets
China is making progress on a commitment to buy 200 Boeing jets announced in May, according to U.S. Trade Representative Jamieson Greer. The orders, which marked Boeing’s first major Chinese deal in nearly a decade, are expected to be finalized in the coming months. Boeing CEO Kelly Ortberg has played down expectations of additional Chinese orders, but expects incremental orders going forward. The development was reported by Reuters.