The U.S. has lifted its export ban on American jet engine parts and technology to China, allowing GE Aerospace to resume shipments to China's state-owned aircraft maker Comac, according to a source familiar with the matter.
- The decision, along with recent easing of export controls on chip design software, points to a broader shift toward easing U.S.-China trade tensions.
- GE Aerospace and Boeing declined to comment, and official responses from the U.S. Commerce Department and Comac are still pending.
Reuters reporting the development.
