China says firms have started inquiring about US agri buys

Published September 12, 2019, 12:00 AM

by manilabulletin_admin

By Reuters

BEIJING – China’s Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for US agricultural goods purchases, in a further sign of a thaw emerging in a bitter trade war between the two countries.

U.S. dollar and China yuan notes are seen in this picture illustration June 2, 2017. (REUTERS / Thomas White / Illustration / File Photo / MANILA BULLETIN)
US dollar and China yuan notes are seen in this picture illustration June 2, 2017.
(REUTERS / Thomas White / Illustration / File Photo / MANILA BULLETIN)

Speaking at a weekly news briefing in Beijing, Chinese Commerce Ministry spokesman Gao Feng also said working-level teams from both countries will meet soon to prepare for the next round of top-level talks.

Gao said that possible Chinese purchases of US farm goods included pork and soybeans.

US President Donald Trump welcomed on Wednesday China’s decision to exempt some US anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on billions worth of Chinese goods.

Gao said China hopes both countries will create favorable conditions for trade talks.

Chinese Vice Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are expected to meet in early October in the US capital.

 
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