CNBC said the financing will be a two-year, "delayed draw" loan, meaning Boeing can tap the money as needed rather than taking all or some of the cash now and accruing interest charges.
For local communities especially, benefits accrue as the manufacturer's expansion bolsters the economy.
Arguably, the benefits of this phenomenal inclusive policy support would accrue not just to China but the world at large.
A study by the German Development Institute shows that the IFD Agreement, once it takes effect, could generate global welfare gains of between $250 billion and $1 trillion, with most of the gains accruing to middle — and low-income countries.
Under WTO's Trade Facilitation Agreement (TPA), China has forgone important benefits that accrue to developing countries such as by not invoking its right to receive technical assistance.
"Some international organizations, including the International Monetary Fund, have warned about the risks due to a currency mismatch, which exists when a borrower funds its operations in one currency while the earnings derived from these operations accrue in another currency.