China Considers Resuming Boeing Purchases with 737 Max Deal

China is reportedly considering ending its freeze on purchasing Boeing's 737 Max aircraft, with a potential deal to be discussed at the upcoming APEC summit. While Chinese President Xi Jinping is not expected to announce a formal order, the resumption of purchases could take the form of a memorandum of understanding or letter of intent. The terms of the agreement are still under discussion and could change before the meeting. Boeing has been waiting to resume deliveries of the 737 Max to Chinese airlines for over four years, following two deadly crashes. The company has faced limited orders from Chinese carriers due to political and trade tensions between China and the US.