economy
Boeing, Citigroup CEOs set to join Trump on China visit next week
Trump's initial travel plan to China was delayed by about six weeks at the U.S.' request in light of the Iran war.
TL;DR
- Boeing CEO Kelly Ortberg and Citigroup CEO Jane Fraser are expected to join President Trump on his visit to China.
- Boeing anticipates a large aircraft order from China, which is crucial for the company's business.
- Citigroup is observing renewed investor interest in China.
- The trip's timing is critical, with potential impacts from the Iran war on U.S.-Chinese relations.
- China has recently purchased a significant number of Airbus aircraft, bypassing Boeing for major orders.
- Boeing has faced challenges with its 737 Max jets, including grounding and production issues.