Aerospace giant Boeing is in talks to sell as many as 500 planes to China in a deal that's said to be at the center of a trade agreement between President Donald Trump and China’s President Xi Jinping, people familiar with the matter told Bloomberg.

Boeing, which is in the midst of a turnaround led by CEO Kelly Ortberg, is still working out the details of the sale, such as what types and volume of jet models will be sold as well as the delivery timetables, the people said. However, the deal is still dependent on the two nations easing trade tensions that date back to Trump’s first term in office.

Another issue complicating matters is the fact that Boeing lost its top executive in China, Alvin Liu, in recent weeks, the people said. Carol Shen was tapped to become interim president of Bo

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