Taiwan’s China Airlines to buy 16 Boeing 787s in $4.6 billion deal

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The politically sensitive deal worth $4.6 billion at list prices was announced by the government-backed carrier weeks after a visit to Taipei by U.S. House of Representatives Speaker Nancy Pelosi angered Beijing and stoked Sino-U.S. trade tensions.

Boeing, which is trying to rebuild its business in China, was seen as the front-runner but had been at pains to avoid using her visit to actively lobby for a 787 deal, industry sources told Reuters earlier this month.