logo
Boeing plane lands back in China for delivery as tariff war eases

Boeing plane lands back in China for delivery as tariff war eases

Al Arabiya09-06-2025

A new Boeing 737 MAX landed back in China on Monday, flight tracking data showed, a sign the US planemaker was resuming deliveries to Chinese customers as Beijing and Washington ease their tariff war.
Boeing, which halted deliveries of new planes to China in April as the world's two largest economies ramped up tariffs on each other, said at the end of May deliveries would resume in June after the tariffs were temporarily scaled back for 90 days.
The plane, painted in the livery of Xiamen Airlines, landed at Boeing's Zhoushan completion center near China's commercial hub of Shanghai, after leaving Seattle on Saturday, and halting to refuel in Hawaii and Guam as it crossed the Pacific.
Data from tracking app Flightradar24 shows Boeing had originally ferried the craft to Zhoushan in March, before its return to the United States in mid-April, when Chinese airlines stopped taking new Boeing aircraft.
Boeing, Xiamen Airlines and regulator the Civil Aviation Authority of China (CAAC) did not immediately respond to requests for comment.
China represents about 10 percent of Boeing's commercial backlog and is an important and growing aviation market.
Representatives of China and the United States will meet in London on Monday to discuss a trade deal.
At least three 737 MAX jets were repatriated by Boeing to the United States in April from Zhoushan, where they were to receive final touches before delivery to Chinese carriers. The first to return was the same one that landed on Monday.
Boeing has previously said customers in China would not take delivery of new planes due to tariffs, and it was looking to resell potentially dozens of aircraft.
However, the planemaker had not sent the planes elsewhere, despite wanting to cut inventory.
Beijing has not commented on why Boeing deliveries stopped, but said Chinese airlines and Boeing had been severely affected by US-imposed tariffs.
In April, Boeing said it had planned for 50 jets to go to Chinese carriers during the rest of the year, with 41 in production or pre-built.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil prices drop 2%, head for weekly gains
Oil prices drop 2%, head for weekly gains

Argaam

time13 hours ago

  • Argaam

Oil prices drop 2%, head for weekly gains

Oil prices were mixed on Friday, after the White House delayed a decision on potential US intervention in the Iran-Israel conflict. Despite the volatility, the prices are on track for weekly gains. Brent crude futures for August delivery fell by 2.1%, or $1.65, to $77.20 a barrel at 8:10 AM Makkah time. Meanwhile, US West Texas Intermediate (WTI) futures for August—the most actively traded contract—rose 0.65%, or 47 cents, to $73.97 a barrel. This came after a White House statement saying President Donald Trump would decide within the next two weeks whether the US will intervene in the ongoing Middle East conflict, according to Reuters. Chinese customs data released today showed fuel oil imports reached 1.30 million tons in May, equivalent to about 267,000 barrels per day—down 29% from April and 40% lower than the same period last year.

Pakistan, China, Bangladesh agree to enhance cooperation in trade, investment and maritime affairs
Pakistan, China, Bangladesh agree to enhance cooperation in trade, investment and maritime affairs

Arab News

time15 hours ago

  • Arab News

Pakistan, China, Bangladesh agree to enhance cooperation in trade, investment and maritime affairs

ISLAMABAD: Senior officials of Pakistan, Bangladesh and China on Friday vowed to enhance trilateral cooperation in various sectors such as trade, investment, health, education, maritime affairs and others, the Chinese foreign ministry said. Pakistan and Bangladesh are both part of China's ambitious Belt and Road Initiative (BRI) which aims to connect Asia, Africa and Europe. China envisions the BRI to be a global network of roads, railways, ports, energy pipelines and trade corridors that strengthens Beijing's trade ties with other regions for the benefit of its economy. Pakistan and China are historic allies while strained ties between Islamabad and Dhaka have started to improve since the ouster of former Bangladesh PM Sheikh Hasina last year. The China-Pakistan-Bangladesh Trilateral Vice Foreign Minister/Foreign Secretary meeting was held in Kunming, Yunnan on Thursday, to discuss cooperation in various sectors between the three countries. The meeting was attended by Chinese Vice Foreign Minister Sun Weidong, Bangladeshi Acting Foreign Secretary Ruhul Alam Siddique and Pakistani Additional Secretary (Asia Pacific) Imran Ahmed Siddiqui. Pakistan's Foreign Secretary Amna Baloch participated in the first phase of the meeting via video link. 'The three sides agreed to explore and implement cooperation projects in such areas as industry, trade, maritime affairs, water resources, climate change, agriculture, human resources, think tanks, health, education, culture, and youth,' the Chinese foreign ministry said. The statement said Pakistan, Bangladesh and China will establish a working group to follow up and implement the understandings reached during the meeting on Thursday. The three sides emphasized that China-Bangladesh-Pakistan cooperation adheres to true multilateralism and open regionalism, not directed at any third party, it added. Pakistan's foreign office said Baloch conveyed Islamabad's readiness to work with China and Bangladesh to enhance ties in trade and investment, agriculture, digital economy, environment protection, marine sciences, green infrastructure, culture, education and people-to-people exchanges. 'The three sides agreed that trilateral cooperation would be guided by the principles of openness, inclusivity, good neighborliness, mutual respect and trust, while working toward win-win cooperation,' Pakistan's foreign office said. Pakistan has recently eyed closer cooperation in trade and investment with regional allies as it grapples with a macroeconomic crisis that has drained its financial resources, significantly weakened its currency and triggered a balance of payments crisis for the South Asian country. Prime Minister Shehbaz Sharif has repeatedly spoken about his government's intention to enter 'mutually beneficial' partnerships with allies as opposed to seeking loans from them. In recent months Pakistan has signed memoranda of understanding with allies such as Saudi Arabia, China, United Arab Emirates, Azerbaijan, Turkiye and others worth billions of dollars.

Trump Extends Deadline for TikTok Sale by 90 Days
Trump Extends Deadline for TikTok Sale by 90 Days

Asharq Al-Awsat

time19 hours ago

  • Asharq Al-Awsat

Trump Extends Deadline for TikTok Sale by 90 Days

President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States. "I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," Trump posted on his Truth Social platform, putting off the ban for the third time. A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's January inauguration. The Republican, whose 2024 election campaign relied heavily on social media, has previously said he is fond of the video-sharing app. "I have a little warm spot in my heart for TikTok," Trump said in an NBC News interview in early May. "If it needs an extension, I would be willing to give it an extension." TikTok on Thursday welcomed Trump's decision. "We are grateful for President Trump's leadership and support in ensuring that TikTok continues to be available for more than 170 million American users," the platform said in a statement. Digital Cold War? Motivated by a belief in Washington that TikTok is controlled by the Chinese government, the ban took effect on January 19, one day before Trump's inauguration, with ByteDance having made no attempt to find a suitor. TikTok "has become a symbol of the US-China tech rivalry; a flashpoint in the new Cold War for digital control," said Shweta Singh, an assistant professor of information systems at Warwick Business School in Britain. Trump had long supported a ban or divestment, but reversed his position and vowed to defend the platform -- which boasts almost two billion global users -- after coming to believe it helped him win young voters' support in the November election. The president announced an initial 75-day delay of the ban upon taking office. A second extension pushed the deadline to June 19. He said in May that a group of purchasers was ready to pay TikTok owner ByteDance "a lot of money" for the video-clip-sharing sensation's US operations. Trump knows that TikTok is "wildly popular" in the United States, White House spokeswoman Karoline Leavitt told reporters Thursday, when asked about the latest extension. "He also wants to protect Americans' data and privacy concerns on this app, and he believes we can do both things at the same time." The president is "just not motivated to do anything about TikTok," said independent analyst Rob Enderle. "Unless they get on his bad side, TikTok is probably going to be in pretty good shape." Tariff turmoil Trump said in April that China would have agreed to a deal on the sale of TikTok if it were not for a dispute over his tariffs on Beijing. ByteDance has confirmed talks with the US government, saying key matters needed to be resolved and that any deal would be "subject to approval under Chinese law." Possible solutions reportedly include seeing existing US investors in ByteDance roll over their stakes into a new independent global TikTok company. Additional US investors, including Oracle and private equity firm Blackstone, would be brought on to reduce ByteDance's share in the new TikTok. Much of TikTok's US activity is already housed on Oracle servers, and the company's chairman, Larry Ellison, is a longtime Trump ally. Uncertainty remains, particularly over what would happen to TikTok's valuable algorithm. "TikTok without its algorithm is like Harry Potter without his wand -- it's simply not as powerful," said Kelsey Chickering, principal analyst at Forrester. Despite the turmoil, TikTok has been continuing with business as usual. The platform on Monday introduced a new "Symphony" suite of generative artificial intelligence tools for advertisers to turn words or photos into video snippets for the platform.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store