January 14, 2020 / 3:05 AM / a month ago

China says soybean, pork imports from U.S. rebound significantly in December

FILE PHOTO: Soybeans are harvested from a field on Hodgen Farm in Roachdale, Indiana, U.S., November 8, 2019. Picture taken November 8, 2019. REUTERS/Bryan Woolston/File Photo

BEIJING (Reuters) - China customs vice minister Zou Zhiwu said Tuesday that China’s imports from the United States rebounded in November and December, and that positive U.S.-China trade sentiment has boosted companies’ confidence in December.

Zou added that Chinese agricultural imports from the United States were at 14.1 billion yuan ($2 billion) in December, and that soybean, pork imports rebounded significantly in the month.

China and the United States are due to sign a Phase 1 trade deal this week, although significant issues still remain at play in the long-standing trade war between the world’s two largest economies.

Reporting by Yawen Chen and Se Young Lee

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below