BEIJING (Reuters) - China has opened the door to imports of rice from the United States for the first time ever in what analysts took to signal a warming of relations between the world's two biggest economies after a frosty year marked by tensions and tit-for-tat tariffs. The green light from Chinese customs, indicated in a statement posted on the customs authority's website on Friday, comes in the run-up to talks between the countries in January after U.S. President Donald Trump and Chinese President Xi Jinping agreed to a moratorium on higher tariffs that would affect trade worth hundred of billions of dollars.
from Latest News Business on Firstpost http://bit.ly/2LGPxXy
Saturday, 29 December 2018
China allows first-ever U.S. rice imports ahead of trade talks
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