Boeing Co. is heading closer toward finalizing a deal with China to sell as many as 500 aircraft, according to people familiar with the matter, a transaction that would end a sales drought that stretches back to US President Donald Trump’s last visit in 2017.

Reports have emerged that Boeing is preparing to close a landmark deal with China that would see it sell as many as 500 commercial jets to the country's airlines. The Asian nation is a market that has seen the US planemaker experience struggles in recent years,

The mega sale to China is contingent on the two nations defusing the trade hostilities Read more at straitstimes.com. Read more at straitstimes.com.