{"id":3976,"date":"2019-03-07T14:47:48","date_gmt":"2019-03-07T20:47:48","guid":{"rendered":"http:\/\/planesintheair.com\/?p=3976"},"modified":"2019-03-07T14:47:54","modified_gmt":"2019-03-07T20:47:54","slug":"boeing-jets-could-be-part-of-broad-u-s-china-trade-deal","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=3976","title":{"rendered":"Boeing Jets Could Be Part of Broad U.S.-China Trade Deal"},"content":{"rendered":"\n

WASHINGTON\n (Reuters) – Purchases of U.S.-made Boeing Co aircraft by China could be\n part of a sweeping deal currently being negotiated to end the \nmonths-long trade war between Washington and Beijing, Boeing’s top \nexecutive said on Thursday.<\/p>\n\n\n\n

A\n tit-for-tat trade war between the world’s two largest economic powers \nhas slowed the global economy. It has also opened up new risks for \nBoeing, which calls itself America’s biggest exporter, in the world’s \nfastest growing aviation market. Boeing sells roughly a third of its \ntop-selling U.S.-made 737 jetliners to customers in China.<\/p>\n\n\n\n

Boeing\n Chief Executive Dennis Muilenburg told an aviation summit in Washington\n that he sensed U.S.-China trade talks were progressing “in a good way.”<\/p>\n\n\n\n

“They\n are dealing with some of the tough framework issues around intellectual\n property and things like that,” Muilenburg said. “I do think they are \nmaking progress. And at the same time, I think there’s an economic \nopportunity here for airplanes to be part of the ultimate deal and help \nfurther close the trade deficit gap.”<\/p>\n\n\n\n

Governments\n typically use jet deals to achieve broader diplomatic objectives. In \ntalks with Beijing, U.S. officials have demanded more details on China’s\n pledge to make big purchases of American goods, as well as to push for \nways to hold China to any commitments on changes to industrial policies.<\/p>\n\n\n\n

U.S.\n President Donald Trump has demanded that China shrink its widening \ntrade surplus with the United States. On Wednesday, the U.S. reported \nthe goods trade deficit with China rose 11.6 percent to an all-time high\n of $419.2 billion in 2018.<\/p>\n\n\n\n

China\n is poised to overtake the United States as the world’s largest aviation\n market in the next decade and is gobbling up planes made by both Boeing\n and European rival Airbus SE, while also investing in homegrown \naircraft businesses.<\/p>\n\n\n\n

Boeing forecasts Chinese demand for 7,700 new airplanes over the next 20 years valued at $1.2 trillion.<\/p>\n\n\n\n

(Reporting by Eric M. Johnson and David Shepardson in Washington; Editing by Tom Brown)<\/p>\n\n\n\n

NOTE: Planesintheair.com forcast that 12 to 16 Boeing 747-8F freighters will be included in any new US-China trade deal!<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Purchases of U.S.-made Boeing Co aircraft by China could be part of a sweeping deal currently being negotiated to end the months-long trade war between Washington and Beijing, Boeing’s top executive said on Thursday.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[798,89,799,2203,1397,868],"tags":[45,47,464,160,728,41,446,447,2821,3707,1846,2178,3504,1567,2822,3705,412,639,2179,2096,1288,3227,3706,640,597,631,1564,1013],"class_list":["post-3976","post","type-post","status-publish","format-standard","hentry","category-airbus-news","category-aviation-news","category-boeing-news","category-finance-news","category-stock-news","category-transportation-news","tag-45","tag-airbus","tag-aircraft","tag-aviation","tag-beijing","tag-boeing","tag-china","tag-deal","tag-dennis","tag-diplomatic","tag-donald","tag-intellectual","tag-jetliner","tag-market","tag-muilenburg","tag-negotiate","tag-news","tag-president","tag-property","tag-purchase","tag-reuters","tag-surplus","tag-sweeping","tag-trade","tag-trump","tag-u-s","tag-war","tag-washington"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/3976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3976"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/3976\/revisions"}],"predecessor-version":[{"id":3978,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/3976\/revisions\/3978"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}