GE Aerospace CEO visits China state planner after Boeing jet order report; GE, BA shares fall

GE Aerospace CEO Larry Culp was seen May 15, 2026, leaving a meeting at China’s National Development and Reform Commission headquarters in Beijing, according to a Reuters witness, as U.S. executives accompanied President Donald Trump on a state visit. The visit followed Trump’s statement to Fox News that China agreed to order 200 Boeing jets after talks with President Xi Jinping in Beijing on May 14, 2026. The order would mark China’s first purchase of U.S.-made commercial aircraft in nearly a decade. GE Aerospace, Boeing’s primary engine supplier, could benefit from the agreement. However, the reported order was below market expectations of about 500 jets, sending shares of both GE Aerospace and Boeing lower. GE Aerospace did not immediately respond to a request for comment on the purpose of Culp’s meeting at the NDRC.