Boeing's China Jet Deal Hangs in Balance as Shares Dip and Stock Ranks 38th in Trading Volume Amid Strategic Uncertainty

On August 21, 2025, The Boeing Co. (BA) closed at $224.92, down 0.54 or -0.24%, with a trading volume of 1.37 billion shares, ranking 38th in market activity. The stock’s performance reflects ongoing uncertainty around its strategic initiatives amid complex geopolitical negotiations.

Boeing is reportedly in advanced talks to sell up to 500 aircraft to China, a deal central to trade discussions between U.S. President Donald Trump and Chinese President Xi Jinping. The transaction, if finalized, would mark China’s first major aircraft purchase from Boeing since 2017 and potentially ease trade tensions. However, details such as aircraft models, delivery schedules, and pricing remain unresolved. The deal’s success hinges on broader diplomatic progress, as both nations seek to de-escalate tariffs that spiked to 145% on Chinese goods earlier this year.

Complicating matters is Boeing’s leadership vacuum in China, following the recent departure of Alvin Liu, its top executive in the region. Carol Shen has been appointed interim president of Boeing China, raising questions about continuity in negotiations. Meanwhile, Chinese regulators are consulting domestic airlines to gauge demand, signaling active preparation for a potential order. The 737 Max series is reportedly a focal point, aligning with Beijing’s efforts to secure limited aircraft delivery slots amid high global demand.

Historically, Boeing has struggled to secure significant Chinese orders since 2019, when regulatory actions grounded its 737 Max fleet. Airbus, meanwhile, has dominated the market, with a similar unannounced order for 500 jets. Boeing’s CEO Kelly Ortberg has expressed optimism about closing the deal, but analysts note the stock’s 27% annual gain reflects broader industry recovery rather than certainty around this specific transaction.

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