Boeing's China Prospects Given Major Boost

 |  Includes: CEA, ZNH
by: Ezra Marbach

Chinese airlines agreed to buy 60 new airplanes from Boeing (ticker: BA) for $7.3 billion. It is the largest firm order to date for Boeing's new fuel-efficient jet and gives the Company a boost in its competition with European rival Airbus SAS for business in China. More here.