China looks at how it could expedite U.S. farm goods imports
Story Date: 4/27/2020

 

Source: BLOOMBERG, 4/23/20


China is studying ways that it could accelerate purchases of U.S. farm goods to meet its phase-one trade deal commitments after the coronavirus delayed some imports, according to people familiar with the matter. The proposals being considered include potentially buying 10 million tons of American soybeans for Chinese state reserves if demand from private buyers isn’t enough, said the people, who asked not to be identified as the discussions are private. A final decision has yet to be made on what actions may be taken, according to the people.

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