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Agriculture Brief Economics & Trade

US-China trade negotiators vow to save phase one deal on first call during pandemic

Top trade negotiators from the United States and China spoke by phone on Friday and vowed to continue to support the phase one trade deal in their first contact since the agreement was signed in January, reported the South China Morning Post. On the call, China’s Vice-Premier Liu He, US Treasury Secretary Steven Mnuchin and […]

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Decoupling proceeds

The great debate is about whether or not globalization is at an end, and how far decoupling will or can go, and there has been a slew of material to consider over the past couple of weeks. Our view, in brief, is that globalization is indeed being rolled back, and that while full decoupling is […]

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Agriculture Brief Economics & Trade Health Care

Coronavirus threatens to trigger new round of global food crisis: China official

The global coronavirus pandemic threatens to cause a huge shock to international food trade and trigger a new food crisis, a top agriculture official in China said on Monday, reported Reuters. The comments came as coronavirus outbreaks roiled global agriculture supply chains and upended trade, and after some countries restricted exports of main grains and […]

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Agriculture Brief Economics & Trade Health Care

US and China still working to implement trade deal, says ambassador

China’s ambassador to Washington has said the two countries were still working to implement their trade deal despite the recent strains in their relationship prompted by the Covid-19 outbreak, reported the South China Morning Post. Cui Tiankai also called for China and the US to join hands in combating the pandemic and reject attempts to […]

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Agriculture Brief Economics & Trade

Trump says China will proceed with agricultural purchases under phase one trade deal

US President Donald Trump gave a qualified endorsement to Beijing’s efforts to fulfill the first phase of a trade deal that the two sides reached in January, reported the South China Morning Post. Commenting on measures the US government has taken to protect various sectors of the domestic economy from the effects of the coronavirus, […]