A day after President Trump concluded his visit to Beijing, China confirmed a deal to buy U.S. airplanes and related equipment, in a move that could benefit aircraft maker Boeing (BA) and engine developer General Electric (GE).

Boeing (NYSE:BA) agreed to sell 200 aircraft to China in a landmark deal, its first major order from the country in almost a decade. The order was confirmed after high level diplomatic efforts and is smaller than the previously anticipated 500 jet agreement.

Boeing CEO Kelly Ortberg says a potential deal for hundreds of jets is dependent on Trump-Xi negotiations as corporate leaders travel to China.

Boeing says China has committed to 200 aircraft, reopening a key market but leaving aircraft mix and timing unclear.

CEO Kelly Ortberg is part of the U.S. delegation in China this week, and his company has reportedly already secured a deal. President Donald Trump announced on May 14 that China has agreed to purchase 200 Boeing 737 jets,

Shouldn’t a big plane order from China be a good thing for Boeing?

Wall Street is hoping Boeing is about to announce a big order from China, cementing its turnaround.

Prominent U.S. executives from Big Tech, agriculture as well as aerospace and defense have been invited to join President Donald Trump on his trip to China this week.