Boe­ing sells China 300 air­planes

China Daily (Canada) - - NEWS CAPSULE -

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.

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