The US Treasury Secretary indicated that large orders for Boeing aircraft from China are anticipated, alongside discussions to establish a new joint trade board. This potential deal could signify a significant improvement in commercial ties after a prolonged period of geopolitical tension.

“Large Boeing orders” appear to be coming, US Secretary of the Treasury Scott Bessent told CNBC on Thursday, adding that China and the US will discuss establishing a new joint board of trade to manage commercial ties. “I think we’re going to see the large Boeing orders,” Bessent said. The agreement, if material, would mark the first such order after a nearly decade-long drought fuelled by geopolitical and regulatory stand-offs, serving as a high-profile “deliverable” from US President Donald...