Boeing issues China demand forecast

• Chinese airlines are likely to purchase 6,810 planes worth $1.025T in the next 20 years as they expand fleets to cater to a robust growth in tourism, Boeing (NYSE:BA) declared, raising its forecast from last year by 7.6%.
• The U.S. planemaker will also unveil its T-X trainer plane today, designed jointly with Sweden's Saab AB (OTCPK:SAABF).
• The company is counting on the model to train generations of U.S. fighter pilots, and keep alive its St. Louis manufacturing base.