U.S. Treasury Secretary Scott Bessent announced anticipated large aircraft orders from China during President Donald Trump’s state visit to Beijing. This development signals a potential end to a nearly decade-long drought of significant Chinese aircraft deals. Geopolitical and trade tensions previously stalled these transactions in one of Boeing's most critical markets.
Boeing CEO Kelly Ortberg joined the presidential delegation following company confidence in potential country-level agreements. Boeing shares climbed immediately as investors anticipated a renewed stream of orders. The deal serves as a high-profile diplomatic deliverable intended to bolster Boeing’s sales outlook and global supply chain.