China denied the news that it’s offering to cut trade surplus with US by USD 200B. Chinese foreign ministry spokesman Lu Kang said in a regular news briefing “this rumor is not true. This I can confirm to you”.
He added, “as I understand, the relevant consultations are ongoing and they are constructive,” regarding the trade talks between the US and Chinese delegates led by Vice Premier Liu He.
Separately, the Chinese Ministry of Commerce announced to end the “anti-dumping and anti-subsidy investigations of imported sorghum originating in the United States”.
The MOFCOM noted in the statement that “the imposition of anti-dumping and anti-subsidy measures on imports of sorghum originating from the United States would have a widespread impact on consumer living costs, and does not accord with the public interest.”
