Space Travel News  
FARM NEWS
China says has begun purchase of more US farm goods
by Staff Writers
Beijing (AFP) Aug 1, 2019

China said Thursday that it had begun purchasing more US farm goods, addressing a key sticking point in efforts to resolve a drawn-out trade war between the two economic giants.

US farm exports to China are estimated to be the lowest in years as a result of Beijing's retaliation against President Donald Trump's tariffs on $250 billion of Chinese goods.

Trump said this week that China was supposed to start buying more American agricultural goods but had shown "no signs that they are doing so".

Chinese enterprises started approaching US suppliers in mid-July to discuss buying new agricultural goods including soybeans, cotton, pork and sorghum, commerce ministry spokesman Gao Feng told reporters Thursday.

His comments came a day after Chinese and US trade negotiators in Shanghai wrapped up their first face-to-face talks since Trump and Chinese President Xi Jinping agreed to a truce in June.

Companies "have already purchased some agricultural products", Gao added, noting the companies had applied for exemptions to punitive tariffs China has slapped on US farm goods.

Officials at the Shanghai meeting focused on why the earlier negotiations had broken down and principles and plans for future talks, Gao told reporters.

"This round of consultations was frank, efficient and constructive," he said.

Both sides "will hold intensive consultations in August to properly prepare for the face-to-face meetings of the leaders of the consultations in September", Gao added.

- 'Much tougher' -

If the US and China approach the talks as equals and properly handle each other's concerns, the two sides can find a resolution to the trade frictions, Gao said.

The trade war between the two economies has seen both sides hit each other with punitive tariffs covering more than $360 billion in two-way trade.

Trump suggested Tuesday that Beijing was hoping to delay a deal until after the US presidential elections in November 2020, saying China wanted to see if a Democratic opponent wins the vote so it could "continue to rip off the USA".

But Trump also warned that "if & when I win, the deal that they get will be much tougher than what we are negotiating now ... or no deal at all".

Trade experts also view a deal as unlikely before the 2020 elections.

The months-long trade war has compounded slowing global demand for Chinese goods and led some US firms to begin moving supply chains out of China.

Data this week showed activity in China's manufacturing sector continued to contract for the third straight month.

China's total exports during the first half of the year barely rose from last year, while its exports to the US shrank.

A meeting of the Politburo, China's top decision-making body, this week emphasized the economy faces downward pressure and "new risks", according to the official Xinhua news agency.

Economic growth in the second quarter slowed to 6.2 percent -- China's slowest in nearly 30 years.


Related Links
Farming Today - Suppliers and Technology


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


FARM NEWS
Overturning the truth on conservation tillage
Washington DC (SPX) Jul 31, 2019
Just as we blend, cut, and fold ingredients together to follow a recipe, farmers use equipment to stir together soil and crop residue (stalks and roots of previous crops) before planting. This mechanical action is called tillage. Similar to our kitchen cupboard with a blender, mixer, and beater, farmers have access to a variety of tillage equipment. Farmers choose the "right" piece of tillage based on many factors, including location, soil type, crop, and landscape. Tillage has been around f ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

FARM NEWS
FARM NEWS
Europe prepares for Mars courier

Fueling of NASA's Mars 2020 rover power system begins

ExoMars radio science instrument readied for Red Planet

Mars 2020 Rover: T-Minus One Year and Counting

FARM NEWS
Chandrayaan-2 will reach the moon by August 20, says ISRO

India's lunar probe Chandrayaan-2 completes first orbit manoeuver

The Apollo experiment that keeps on giving

India launches historic bid to put spacecraft on Moon

FARM NEWS
Jupiter's auroras powered by alternating current

Kuiper Belt Binary Orientations Support Streaming Instability Hypothesis

Study Shows How Icy Outer Solar System Satellites May Have Formed

Astronomers See "Warm" Glow of Uranus's Rings

FARM NEWS
ELSI scientists discover new chemistry that may help explain the origins of cellular life

Scientists deepen understanding of magnetic fields surrounding Earth and other planets

Super salty, subzero Arctic water provides peek at possible life on other planets

Astronomers expand cosmic "cheat sheet" in hunt for life

FARM NEWS
3D printing transforms rocketry in Florida

SpaceX cargo launch to space station now targeting Wednesday

Apollo's legacy: A quiet corner of Alabama that is forever Germany

India to make new bid to launch Moon rocket on Monday

FARM NEWS
Chinese scientists say goodbye to Tiangong-2

China's space lab Tiangong 2 destroyed in controlled fall to earth

From Moon to Mars, Chinese space engineers rise to new challenges

China plans to deploy almost 200 AU-controlled satellites into orbit

FARM NEWS
What gives meteorites their shape

MASCOT Confirms What Scientists Have Long Suspected

Speeding up science on near-earth asteroids

ESA confirms asteroid will miss Earth in 2019









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.