China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with the U.S., replacing veteran trade tsar Wang Shouwen with the Chinese envoy to the World Trade Organization.

China replaced its trade representative as Beijing and Washington remain at an impasse over the conditions for talks to cool the escalating trade war.

It is unclear whether the airline suspended its plan because of China's order to stop buying planes from Boeing or because American products now carry a levy of 125%, which would