Boeing Max Problem May Minimize Aerospace Element of U.S.-China Deal — Panjiva


Boeing Max Problem May Minimize Aerospace Element of U.S.-China Deal

China 1758 European Union 406 Industrials - Aero/Defense 132 U.S. 3297

Two fatal crashes involving Boeing’s 737 Max aircraft may cut the potential for the Chinese government to include aerospace import commitments as part of a wider trade deal with the U.S. China’s imports of aircraft and engines from the U.S. reached $18.2 billion in 2018, or 13.0% of the total. Doubling them would add 15.1% to total U.S. exports to China. The crashes may also hurt Boeing’s ability to compete with China’s Comac and Europe’s Airbus. European exports to China reached 13.2 billion euros ($17.3 billion) in 2018, up 16.9% year over year compared to an increase of 13.0% fo...

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