China will buy 200 Boebng airplanes, Trump announced. That's less than expected

China will buy 200 Boeing planes, US President Donald Trump said on Fox News on Thursday, May 14. "One thing he agreed to today is to order 200 airliners. That's a big deal," the American leader said after the first day of talks with Chinese President Xi Jinping in Beijing.

Trump did not specify which models he was talking about; analysts speculated that the potential deal could include the Boeing 737 Max, the airline's best-selling model, CNBC wrote. At the same time, a larger order was expected to be announced during Trump's visit: sources Bloomberg said Beijing could buy about 500 Boeing airplanes.

The company hasn't received a major order from China in nearly a decade, CNBC notes.

Boeing shares collapsed more than 4%, while they were trading up 2% earlier in the day.

The news is supplemented.

This article was AI-translated and verified by a human editor