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China MOFCOM: Some Chinese firms willing to continue to buy US farm products

Chinese Ministry of Commerce spokesman Geo Feng confirmed that next round of US-China trade negotiation will happen in Shanghai for two days on July 30-31.

It’s reported that China has already agreed on unspecified purchases of US agricultural production. Gao said in a regular press conference that “Some Chinese firms are willing to continue to buy some U.S. agricultural goods, and they have asked for prices from their U.S. suppliers and will sign commercial contracts soon.”

But Gao also clarified that the purchases will be decided by companies themselves according to market functioning. Such purchases bear no direct relationship to restart of trade talks.

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