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China offering extra $10 billion in U.S. agricultural buying: FT

Published 10/09/2019, 06:35 AM
Updated 10/09/2019, 06:41 AM
China offering extra $10 billion in U.S. agricultural buying: FT

BEIJING (Reuters) - Chinese officials are offering to increase annual purchases of U.S. agricultural products by $10 billion as the two countries seek to resolve their trade dispute, the Financial Times newspaper reported on Wednesday, citing unnamed sources.

Vice Premier Liu He, China's top trade negotiator, is scheduled to travel to Washington for their next round of trade talks on Oct.10-11.

Beijing last month increased its purchases of U.S. agricultural products including soybeans and pork.

Latest comments

Proactive move by the Chinese - it reduces the recent tension a little and adding confidence to the markets.
nothing about the worries and real threat to the economy we are under for this article huh? supressing that info I guess is what keeps the market afloat.
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