According to Vice Chairman Ray Conner, deliveries to China by Boeing Co. support nearly 150,000 American jobs every year. Chinese clients are expected to receive delivery of 30 percent of all its top-selling 737 models and almost 25 percent of all the aircrafts produced in South Carolina and the Washington State, he further adds.
The statements follow as Boeing faces new prospects from the threats of U.S. President-elect Donald Trump regarding punitive tariffs on China. A trade battle might cause Boeing to lose a portion of the $1 trillion market for airplanes it predicts for over the next 20 years. Trump has not determined if he plans to honor his campaign proposal for tariffs on China, which has $627 billion in U.S. trade in 2015.
China is in need of 6,810 aircraft worth $1.025 trillion in the next two decades, which makes the nation the first trillion-dollar aviation market, Boeing said.
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