The Chinese government has confirmed the purchase of 200 American-made Boeing aircraft for Chinese airlines.This was part of many deals secured during President Donald Trump's recently concluded visit to Beijing. The Chinese Commerce Ministry said on Wednesday that the U.S. will guarantee the supply of aircraft engine parts and components.The White House had said earlier this week that a tranche o...
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Political News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.