国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
China-US trade back on track?
( 2003-12-04 14:36) (Agencies)

China has put back on track a trip to the United States to buy soybeans, which was abruptly canceled last month when a trade dispute with Washington broke out, a U.S. industry official said on Wednesday.

In a possible easing of tensions between the world's top and fifth-largest economies, Chinese soybean buyers have indicated they would visit Chicago in two weeks and meet with grain companies to possibly sign purchase contracts.

China, the world's top soybean importer and the biggest market for U.S. soy, has yet to reschedule a visit by its wheat buyers to the United States that was also scrapped when Washington slapped import quotas on Chinese textiles.

Some U.S. officials have blamed job losses in the United States on the rapid rise of Chinese textile imports, claiming that China's currency was undervalued against the greenback.

Beijing retaliated by scrapping planned visits to the United States to buy wheat, cotton and soybeans. It would have been China's first coordinated buying trip to the United States.

"They have indicated to us that they will be in Chicago on Dec. 17 and 18," said Paul Burke, Asia division director at the American Soybean Association. The ASA farmers group will host the Chinese delegation.

The trip will follow a visit to the United States by Chinese Premier Wen Jiabao, who will meet with President Bush on Dec. 9 in Washington.

In the runup to his visit, the Bush administration had been pressuring Beijing to narrow China's huge trade surplus with the United States, which is projected to rise about 15 percent this year to $120 billion and is a hot political issue.

Wen is scheduled to sign deals in Washington to buy five 737 aircraft from Boeing Co. Boeing and General Electric Co. have announced deals to sell China a total of 30 737s and $3 billion worth of jet engines.

Before the trips were scrapped, grain traders had expected China to buy about 1 million tonnes of wheat from the United States worth $300 million to $400 million, as a goodwill gesture and also to whittle down the trade surplus.

News of the Chinese team's rescheduled visit to Chicago was cheered by grain traders, who rallied soybean futures at the Chicago Board of Trade on Wednesday.

"It gave a psychological boost to the market," said grains analyst Charlie Sernatinger of brokerage O'Connor & Co.

 
Close  
   
  Today's Top News   Top Business News
   
+Wen warns Taiwan not to misuse democracy
( 2003-12-08)
+Beijingers get greater poll choices
( 2003-12-08)
+Chinese netizens to hit 78 million
( 2003-12-08)
+Kicking around on roof of the world
( 2003-12-08)
+Massive west-to-east migration proposed
( 2003-12-08)
+Threat of deflation to weaken further
( 2003-12-08)
+Energy-hungry China braces for power struggle as winter draws near
( 2003-12-08)
+China Life sees low-margin policies as growth driver
( 2003-12-08)
+Standard Chartered Bank seeking local partner in China
( 2003-12-08)
+Boom city struggles to cope as millions move in
( 2003-12-08)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
  Related Articles  
     
 

+Greenspan warns Vs. rising trade barriers
2003-11-21

 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
<td id="gzhpy"></td>
  1. 崇义县| 久治县| 彩票| 祁门县| 大石桥市| 阜新市| 乌审旗| 额敏县| 靖边县| 红原县| 古田县| 陵川县| 类乌齐县| 洪雅县| 洪泽县| 广河县| 蓬安县| 清流县| 辽中县| 开阳县| 灌云县| 西畴县| 讷河市| 嘉峪关市| 济阳县| 阜康市| 云霄县| 石嘴山市| 天长市| 临泽县| 苏州市| 富顺县| 永和县| 福鼎市| 纳雍县| 岫岩| 乐陵市| 贞丰县| 五寨县| 明溪县| 兴业县|