The record
Written from the 1 report below. Nothing here is unsourced.
- The United States and China have extended their current trade truce for two months, moving the expiration date from November to January 10.
- Despite ongoing diplomatic meetings, prospects for new large-scale Boeing aircraft orders remain uncertain.
- China is currently prioritizing the finalization of a previously discussed agreement for 200 planes rather than new commitments.
- Airbus continues to maintain a stronger market presence in China due to established local assembly and more stable diplomatic relations.
What to watch next
- Finalization of the 200-plane deal for Boeing
- Further details on US-China tariff reduction negotiations
- Potential for a more comprehensive trade agreement after January 10
Who said what2
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Scott Bessent
Treasury Secretary
1 quote · 1 outlet
“We will extend what we call the 'Busan Agreement' - the economic detente between the two countries that was scheduled to end on November 10 - that is going to be extended until January 10,”
In the article
…tensions over trade and technology. The discussions are expected to address tariff reductions, trade restrictions, and could potentially pave the way for a more comprehensive trade agreement between the two nations. " We will extend what we call the 'Busan Agreement' - the economic detente between the two countries that was scheduled to end on November 10 - that is going to be extended until January 10, " Bessent said in an interview on Fox News, adding that both countries are still trying to figure out a potentially larger deal. While there is optimism about the summit between the US and Chinese presidents, according…
Shukor Yusof
1 quote · 1 outlet
“Boeing has lost much of its influence in our region, partly due to politics, but mostly because of its own internal issues,”
In the article
…has a final assembly line in Tianjin and China-Europe relations have been "more benign" than those between China and the US, Shukor Yusof, founder of Singapore-based aviation consultancy Endau Analytics, told Reuters. " Boeing has lost much of its influence in our region, partly due to politics, but mostly because of its own internal issues, " he said. China is expected to order around 9,000 new jets by 2045, more than any other region, according to Airbus and Boeing market forecasts. According to Reuters, the two Trump-Xi summits this year were expected to…
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Coverage1
All filed from India
Named United States · China · Boeing · Airbus · COMAC · Donald Trump · Endau Analytics · Kelly Ortberg · Scott Bessent · Shukor Yusof · U.S. Department of the Treasury · Xi Jinping
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