China confirms deal to buy US aircraft and engines after Trump visit
China has formally confirmed it will buy US aircraft and engines following Donald Trump's visit to Beijing. According to the South China Morning Post, the deal stands out as a concrete economic step between the two countries.
China's Commerce Ministry has formally confirmed the purchase of US-made aircraft and aviation engines. The statement followed Donald Trump's two-day visit to Beijing and was reported by the South China Morning Post.
The size of the deal, the product mix and the delivery schedule have not yet been fully disclosed. Industry sources said Boeing's narrow-body airliners and engine suppliers such as GE Aerospace are likely to be within the scope.
Progress on other files at the summit had been limited; the aircraft order emerged as the clearest economic outcome of the meeting. Investors turned their attention to US aviation stocks after the announcement, while the Chinese side stressed that the deal supports its airline fleet renewal programme.
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