News

Chinese farm official: 'Good outcome' from trade talks – Yicai

China’s state-backed media group Yicai on Sunday reported the comments from the Deputy Director of the Office of the Central Rural Work Leading Group Han Jun, delivered at an event in Washington, D.C.

Han responded offered clarification on Chinese officials’ sudden cancellation to the farm visit in Montana and Nebraska on Friday, by saying that China did not cancel planned visits to farms in the United States because of challenges in trade negotiations with the US.

Additional Comments:

Last week's trade negotiations were constructive and made thorough preparation for talks in early October.

There was a good outcome from the negotiations in the agriculture area too. The two sides had thorough and candid communications.

The farm visits were planned separately to the trade talks, and the US side has said they will send out another invite another time.

China is willing to further expand the scale of Sino-US agricultural trade and deepen cooperation between the two countries in the agriculture sector.

The above comments are likely to add to the renewed risk-on sentiment in Monday’s Asian trading so far, with AUD/USD heading towards 0.6800 while USD/JPY holds firmer near 107.70 amid a rise in S&P futures.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.