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WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said Tuesday the Chinese government is blocking its domestic airlines from buying “tens of billions of dollars” 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 (NYSE:BA) is here… There’s tens of billions of dollars of planes that Chinese airlines want to buy but the Chinese government is standing in the way.”
