Boeing Co. painted an optimistic forecast for China, an aviation market soon poised to become the world’s biggest. The planemaker also needs to overcome a tit-for-tat trade war that President Donald Trump is ratcheting up.
The country will need 7,690 new planes worth $1.2 trillion over the next two decades, the Chicago-based planemaker said in Beijing Tuesday. That’s a 6 percent boost from its projections a year ago, as China’s middle class continues to grow and seek out air travel, according to Randy Tinseth, Boeing’s vice president of marketing.
