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International Business Times UK
International Business Times UK
World
David Unyime Nkanta

Did Trump Fail to Woo China in Ordering 500 Boeing Planes? Investors in Panic After China Only Wants to Buy 200

President Donald Trump (Credit: Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons)

Investors reacted cautiously after US President Donald Trump announced that China had agreed to purchase 200 Boeing aircraft following high-level talks with Chinese President Xi Jinping in Beijing, a figure significantly lower than earlier market expectations of a 500-plane deal.

The announcement, made during Trump's visit to China, was framed by the President as a major breakthrough in US-China trade relations, particularly for American exports and the aerospace sector.

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