Boeing sells China 300 airplanes
Boeing Co will sell China 300 airplanes and build a 737 aircraft completion center in the country, Xinhua news agency announced. The deal was reached during Chinese President Xi Jinping’s current state visit to the United States.
China is Boeing’s largest international market, accounting for about a quarter of Boeing deliveries so far this year. The airplanes in the latest deal are worth $38 billion at list prices. Xi, who arrived in Seattle on Tuesday aboard a Boeing 747400 Air China plane, visited Boeing’s factory on Wednesday.
The 737 completion and delivery center will be the first facility of its kind outside the US for Boeing. European plane maker Airbus Group SE, which competes with Boeing for plane orders, has a similar facility in Tianjin, near Beijing.