China says firms have started inquiring about US agri buys

Soybeans being sorted according to their weight and density on a gravity sorter machine at Peterson Farms Seed facility in Fargo, North Dakota December 6, 2017. — Reuters pic
Soybeans being sorted according to their weight and density on a gravity sorter machine at Peterson Farms Seed facility in Fargo, North Dakota December 6, 2017. — Reuters pic

BEIJING, Sept 12 — China’s Commerce Ministry said today 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.

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 favourable 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. — Reuters

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