China signs $37bn deal to buy 300 Boeing planes

A Boeing statement said the agreement includes "orders and commitments" to buy the aircraft, but it did not give a further breakdown.

Government still thinks SAA can be profitable

3 Nov 2017

In September 2015, Boeing had already received an order from CASC for 300 aircraft valued at a record $38 billion at list prices.

Boeing and European rival Airbus are competing heavily in China, the world's second aircraft market, with the US company forecasting that the Asian giant needs over 7,200 commercial aircraft in the next 20 years.

China, meanwhile, has developed its own medium-haul C919 in a bid to challenge the Airbus-Boeing duopoly.