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Tuesday, January 21, 2020

CHINA KEEPS INSISTING PURCHASES OF US AG GOODS WILL BE BASED ON MARKET CONDITIONS

Chinese officials continue to reiterated what Vice Premier Liu He said at the signing ceremony for the Phase One deal with the U.S. -- the purchases China has committed to making will be made based on market conditions.
The purchases will also follow WTO rules, said Li Xingqian, head of foreign trade department at Ministry of Commerce. In remarks in Beijing, he said that the increased imports from the U.S. will not affect imports from other countries.
China's Liu made the same point in this remarks at the signing ceremony.
Further, Li said that the Chinese has large potential and it welcomes high quality and competitive U.S. goods.