Boeing nears ‘large’ China orders as Trump and Xi forge new trade board: Bessent
Washington and Beijing will discuss the board to manage commercial ties, and there is a plan to ‘pregame’ investments to avoid national security blocks
“Large Boeing orders” are expected as part of US President Donald Trump’s state visit to Beijing, Treasury Secretary Scott Bessent said on Thursday, adding that China and the US would discuss establishing a joint “board of trade” to manage commercial ties.
When asked about the potential for deals in what have come to be known as the “three Bs” – Chinese purchases of beans, beef and Boeing aircraft – Bessent told CNBC: “I think we’re going to see the large Boeing orders.”
Last month, Ortberg publicly appealed to Trump to help seal a deal, telling Reuters that Boeing was counting on Washington to help unlock long-overdue orders from China.