A senior administration official says China will announce deals Wednesday to purchase $45 billion in U.S.
exports, including a $19 billion agreement to buy 200 Boeing airplanes, according to the Associated Press.
The official says the deal will create 235,000 jobs in the U.S.
It is important to note, however, that these planes will be commercial aircraft. Moreover, the St. Louis division of Boeing, which produces military aircraft, is unlikely to benefit directly from today's deal.