Trump-Xi Summit: Beijing unlikely to commit to new Boeing orders even as US, China talk trade - here is what happened
Boeing had been effectively shut out since 2017, while European rival Airbus had continued to expand its share. China imposed restrictions on new deliveries from Boeing and halted parts purchases amid escalating tariff disputes with the US and favoured Airbus and homegrown COMAC.
As Chinese President Xi Jinping is set to visit Washington next week, a striking comparison may arise between his custom-built Hongqi N701 and US President Donald Trump's "Beast" – the Cadillac One limousine. During Xi's visit to San Francisco in November 2023, the president expressed admiration for the Chinese state limousine, likening it to the domestically made Cadillac.
The Hongqi N701, expected to be part of Xi's arrival, is a heavily armored, highly secure vehicle with a 5.5-meter length and weight exceeding three tonnes. Unlike Cadillac One, which shares some styling with commercial models, the N701 boasts a unique design that sets it apart from civilian Hongqi options. With only 50 vehicles projected to be produced over a decade, the N701 is an exclusive symbol of modern China, carrying its leader onto the international stage.
Written by urgent.news from Reuters Business via SCMP's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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