(Reuters) -Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of the U.S. planemaker rose 2% before the market open as the potential order would be China's first major purchase of Boeing jets since U.S. President Donald Trump's visit in his previous term.

The purchase is envisioned as a component of a more expansive trade deal if the world’s two largest economies can reach an agreement in the next few months.