China hasnt yet bought US Agricultural Products Commerce Departments response

category:Finance
 China hasnt yet bought US Agricultural Products Commerce Departments response


On July 11, the Ministry of Commerce held a regular press conference, and some American journalists mentioned relevant issues.

Bloomberg Reporter: Recently, it was reported that when China negotiated with the United States, it mentioned that the purchase of American agricultural products must be made by the U.S. government to provide export licensing list to Huawei suppliers. Can you confirm this information? In the negotiations between China and the United States, is there an exchange relationship between Huaweis export license and Chinas purchase of agricultural products?

A spokesman for the Ministry of Commerce, Gao Feng, said that I had already responded to the issue of Sino-US agricultural trade at last weeks conference. China and the United States have strong complementarity in the field of agricultural trade, and there is a huge space for cooperation. Agricultural trade is an important issue for both sides to discuss. It is hoped that both sides can find solutions to the problem on the basis of equality and mutual respect.

Last week, Peaks answer was this.

Bloomberg News Agency: After the meeting between the heads of state of Osaka and the United States, President Trump said that China agreed to buy large quantities of agricultural products from the United States. This was not mentioned in the Chinese statement afterwards. We want to confirm whether it is true or not. If so, how many agricultural products will China buy?

If the U.S. side repeats itself, then the purchase of U.S. agricultural products may also occur.

Observers noted that Weixins public name Taoran Notes mentioned that purchasing American agricultural products is a unique bargaining chip for China.

Since the United States attaches great importance to the interests of farmers, it should really proceed from the interests of American farmers and seek solutions on the basis of equality and mutual respect.

More importantly, the American agricultural products purchased by the Chinese side should truly meet the needs of the domestic people, and this process should also take into account the reasonable demands of domestic enterprises and third parties.

At the same time, Sino-US trade negotiations seem to have gradually returned to the established track. Business Unit 11 announced that the Sino-US economic and trade teams will resume economic and trade negotiations on the basis of equality and mutual respect, in accordance with the requirements of the meeting between the two heads of state in Osaka. Chinas core concerns must be properly addressed. We believe that the two sides can take care of each others legitimate concerns through equal dialogue and will certainly find solutions to the problems.

Commenting on the Sino-US trade negotiations are on the right track, Professor Zhang Jun, Dean of the School of Economics, Fudan University, told Observer. com on November 11 that the most anticipated thing is to resume Sino-US trade negotiations. It should be the best outcome for the two heads of state to resume the process of negotiation after meeting in the G20. As for what to talk about, what to achieve and how to talk about, we do not know the specific situation at present, but at least this time China should not be so passive. Then, without being so passive, the Chinese side will definitely put forward conditions in terms of strategy.

However, many of Trumps demands are very urgent, and there may be serious disagreement between the two sides on this point. However, we can delay, Trump may not be able to delay, so he may eventually feel that this situation - Chinas withdrawal from the talks, their own benefits can not be obtained, it is better to continue to talk with China. Therefore, at present, the United States may have the intention to restart negotiations. Of course, this time China will put forward the conditions, the best is to stop the suppression of Huawei and continue to suspend taxation.

Why is the U.S. Agricultural Market Urgent

Some media in the United States have analyzed the reasons why Trump is now in a hurry to the American farm market.

CNN reported on July 11 that this is not the first time that the United States has claimed that China wants to buy American agricultural products. He said the same thing last December.

In addition, US Agriculture Secretary Sonny Perdue tweeted in February that China would buy 10 million tons of soybeans.

CNN analysis said China was once the largest market for U.S. soybean growers, but stopped buying last summer.

By the end of 2018, the amount of soybeans accumulated in U.S. warehouses had reached a record level.

U.S. soybean stocks reached a record 100 million tons in December, according to the U.S. Department of Agriculture at the time. This is equivalent to 80% of the total food production in the United States last year.

Many farmers worry that they will never return to the Chinese market. An American farmer told CNN, The Chinese market was built up over the years, but it was washed away in a very short time.

With the approaching of the general election in the United States in 2020, Trump, who is seeking re-election, obviously wants the support of American farmers. But the recent bitter American farm market has not only urged American farmers, but also probably urged Trump.

Commenting on the business insider website, the Trump government is launching tens of billions of dollars of relief programs to appease farmers before the 2020 general election. On May 23, Trump unveiled a $16 billion farmer rescue plan to help American farmers affected by the slump in the agricultural market.

Source: Observer Network Responsible Editor: Yang Bin_NF4368