By Sharon Terlep
China is going after Boeing, America's biggest exporter, in its trade war with the U.S.
Beijing has told Chinese airlines not to place new orders for Boeing jets and is requiring carriers to seek approval before taking delivery of aircraft they have already ordered, according to a person with knowledge of the Chinese regulator's guidance.
Bloomberg reported earlier that China is halting Boeing jet deliveries.
Cutting off deliveries to China could dent revenue for the cash-strapped jet maker, which has been working to clear out parked planes and ramp up production and deliveries amid a quality crisis. Longer-term, the Chinese market is crucial; Boeing has forecast it will account for a fifth of the world's airplane deliveries in the next two decades.
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(END) Dow Jones Newswires
April 15, 2025 08:56 ET (12:56 GMT)
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