US President Donald Trump claims China has agreed to purchase 200 Boeing jets, highlighting potential job creation in an interview with Fox News.
US President Donald Trump made headlines on Thursday when he claimed that China had committed to ordering 200 Boeing jets. During a broadcast interview with Fox News, Trump described the agreement as a "lot of jobs." He spoke about this commitment during his meeting with Chinese President Xi Jinping in Beijing.
While US media reports suggested a possible order of around 500 single-aisle Boeing 737 Max planes and an additional 100 larger models like the 787 Dreamliner and 777, Trump specifically mentioned the purchase of "200 big ones." Shares in Boeing fell shortly after these reports were released.
Boeing's CEO, Dennis Muilenburg, had previously expressed optimism about a potential China order. He told analysts that it was largely dependent on ongoing US-China negotiations and relations. However, shares of Boeing dropped by 4% following Trump’s comments.
The last significant order from Chinese authorities for Boeing aircraft came in 2017 when Trump visited Beijing during his first term. At that time, the order included 300 aircraft (both single and dual aisles) worth an estimated $37 billion.
Despite these recent developments, it remains unclear if the new commitment will materialize as expected. Boeing has yet to comment on the matter directly.
