Deals
Boeing to Gain as China Agrees to Recognize U.S. Safety Approval
- Agreement would make it easier for Boeing to sell to China
- Deal is announced in lead up to President Trump’s China visit
777 airplanes are manufactured at a Boeing Co. facility in Everett, Washington on Monday, June 1, 2015.
Photographer: David Ryder/BloombergThis article is for subscribers only.
The U.S. and China agreed to recognize the other’s aircraft safety approvals, which may boost the Asian nation’s burgeoning aviation industry and make it easier for companies like Boeing Co. to sell products there.
The U.S.-China Bilateral Aviation Safety Agreement was announced Friday, before President Donald Trump is set to travel to China. Trump will travel to China Nov. 8-10 on a trade mission with representatives from about 40 companies, with executives from Boeing among those tentatively approved to be part of the trip.