finance
Boeing Bets Comeback on Trump, China and an Elusive New Plane
Bloomberg · Markets
May 12, 2026 · 1 min listen
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Boeing Bets Comeback on Trump, China and an Elusive New Plane
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When Richard Nixon landed in Beijing in 1972 to end a quarter-century of Chinese diplomatic and economic isolation, his hosts were so enthralled with the US presidentâs airliner that within months they ordered 10 Boeing Co. 707 jets. That purchase kicked off one of the most consequential commercial relationships in the planemakerâs 110-year history and helped turn China into the worldâs second-largest aviation market after the US. Now Boeing is poised to reprise that moment when President Donald Trump heads to China this week in search of his own breakthrough with his counterpart, Xi Jinping. Boeing Chief Executive Officer Kelly Ortberg is expected to join the US delegation to China and has dangled the prospect of a major deal, saying Trumpâs visit would be âa meaningful opportunity for us.â We get more from Bloomberg's Sid Philip. (Source: Bloomberg)
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