Boeing inks China and Dubai deals

Good for Boeing, obviously:

Boeing inks China and Dubai deals

China is buying seventy 737 aircraft - a $4bn deal that is said to be the largest in Chinese aviation history.

And as the Dubai air show opened on Sunday, Emirates ordered thirty-four 777 passenger and eight cargo planes.

That deal is worth $9.7bn (£5.65bn) and marks a major boost for Boeing in the Middle East, where it is competing fiercely with Airbus, analysts say.

[via BBC News | Business]

The Dubai deal is excellent, because Emirates Air is becoming such a big player. The more that the other Arab countries rise, the more the impact of the Saudi regime can be minimized. The China deal is wonderful for Boeing, but it's also a cautionary tale. Our relations with China are not to be trifled with, and the Bush administration really isn't very good at the whole foreign-relations thing.