U.S. Commerce Secretary: China blocking domestic airlines from buying $100 billion in planes

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U.S. Commerce Secretary: China blocking domestic airlines from buying $100 billion in planes

WASHINGTON, Sept. 28 Reuters - U.S. Commerce Secretary Gina Raimondo said Tuesday that the Chinese government is blocking its domestic airlines from buying tens of billions in airplanes.

Raimondo said in remarks after a speech in Washington that China is not abiding by commitments to buy U.S. goods it made in 2020 as part of a trade deal. I don't know if Boeing was here. There are tens of billions of dollars of planes that the Chinese government wants to buy, but the Chinese government is standing in the way.