China allows first US rice imports in 'goodwill gesture' ahead of trade talks
2018-12-29 15:27:03 source：The Straits Times
December 28, 2018
BEIJING (REUTERS) -- China has opened the door to imports of rice from the United States for the first time in what analysts took to signal a warming of relations between the world's two biggest economies after a frosty year marked by tensions and tit-for-tat tariffs.
The green light from Chinese customs, indicated in a statement posted on the customs authority's website on Friday (Dec 28), comes in the run-up to talks between the countries in January after US President Donald Trump and Chinese President Xi Jinping agreed a moratorium on higher tariffs that would affect trade worth hundred of billions of dollars.
It was not immediately clear how much rice China, which sources rice imports from within Asia, might seek to buy from the United States.
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