Boeing is in talks with China over a possible order for up to 500 commercial aircraft in what would be a significant win for the US firm.

Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter.

Reports have emerged that Boeing is preparing to close a landmark deal with China that would see it sell as many as 500 commercial jets to the country's airlines. The Asian nation is a market that has seen the US planemaker experience struggles in recent years,