Boeing returns to China after a nine-year hiatus, but facing significant geopolitical hurdles and increased competition from Airbus and local player Comac. Despite resumed deliveries, the deal for 200 jets was smaller than anticipated, highlighting lost ground. Geopolitical tensions have weaponized the aviation industry, favoring Airbus's localized strategy. While direct competition is tough, a global aircraft shortage offers Boeing leverage. It should prioritize ramping up production and consider discounts for Chinese airlines. Boeing's comeback will be challenging, yet the tight supply chain could aid its market re-entry.