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Ivan Leow 5.0 1 idea

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Boeing is close to sealing a deal that would sell 500 of its MAX 737 Boeing aircraft to China. Securing a 500-plane order from China would end a multi-year drought for Boeing in one of the world's largest aviation markets, providing a massive boost to its backlog and future cash flows. WATCH. This is a highly lucrative catalyst for Boeing, but it is entirely dependent on the political success of the upcoming US-China presidential summit. The deal is highly politicized and could be easily scuttled if diplomatic talks reach an impasse over tariffs, tech restrictions, or Taiwan.
BA Bloomberg Markets Mar 09, 04:55
China Correspondent
Ivan Leow (China Correspondent) | 1 trade ideas tracked | BA | YouTube | Buzzberg