GE Aerospace Shares in Focus After Trump Comments, Details on Engine Deal Still Absent
China’s aviation regulator met with GE and Boeing executives in Beijing after Donald Trump said China would buy 200 Boeing jets using GE Aerospace engines. GE shares rose 0.7% Monday, while Boeing fell 1.5%. Boeing called the 200-jet figure an “initial commitment,” with few details confirmed by Chinese officials. Trump claimed China would buy 400–450 GE engines but gave no timeline.