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China Signs Huge Agriculture Purchase Deals with U.S.

A delegation of Chinese enterprises signed 11 agriculture purchase contracts, worth billions of dollars, with U.S. exporters on Oct. 23 in Iowa, one of the few mass-signings since the U.S. initiated a trade war against China in 2018, Global Times reported yesterday. They add that “it is hoped that Washington will actively respond to China’s act of kindness with sincerity by removing additional tariffs imposed on Chinese goods in order to strengthen bilateral economic and trade cooperation, which benefits both countries and the world as a whole.”

Among the Chinese companies that signed purchasing contracts and agreements are Bohi Industry, China National Cereals, Oils and Foodstuffs Corp International, and Sinograin Oil.

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