China Agrees to Purchase 200 Boeing Jets Trump Says

President Donald Trump announced that China has agreed to order 200 Boeing commercial aircraft following talks with leader Xi Jinping. While the deal marks the first major purchase in nearly a decade, Boeing shares fell as the order total was lower than previous market expectations.

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China agreed to purchase 200 jets from Boeing Co., according to United States President Donald Trump. The deal represents the first purchase of American commercial aircraft by the country in nearly 10 years. Investors reacted to the lower-than-expected volume, sending Boeing shares down 4% following the announcement on the evening of May 14.

Boeing Shares Retreat on Lower Volume

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