China will send its top negotiator, Liu He for trade talks with the US

During sidelines of 70th National Day celebrations in People's Republic of China, Vice Commerce Minister, Wang Shouwen anunced on September 29 that China's top negotiator will he negotiations in upcoming 13th round of talks. Vice Premier Liu He will visit United States in order to resolve ongoing tre war between two greatest ecomies of world. exact dates of talks still remain unkwn but meetings will be scheduled after National Day holiday which runs throughout October 7. 

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Solution for both sides

According to Vice Commerce Minister, two sides should find a solution through “equal dialogue”. main goal of tre talks will remain mutual respect, equality, and mutual benefit. Both countries, have me gestures indicating wish to end biggest tre war in history. US President first imposed tariffs on Chinese goods in 2018 in a bid to win some concessions from China. As latter imposed similar tariffs on American goods, tre war began a matter of 'tit-for-tat'. This escalation has created a steep decrease in stock markets, both Asian and American. This tre war mand to pose a great threat to global ecomy. However, deal still remains difficult to achieve. 

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Meat rates in China

America postponed some tariff hike on Chinese goods, and in returned China lifted punitive duties on soybeans. This move has t only helped American farmers but also Chinese pig breeders who use soy to feed and are currently struggling with devastating outbreak of African swine fever. Vice Commerce Minister Qian Keming said that Chinese government released third round of ten thousand tons of pork from its reserves on Sunday as an effort to stabilize rising prices ahe of National holiday. In dendum to that, Beijing has also increased pork imports by 40 percent in initial eight months of this year along with or meats. Qian also said that aver wholesale price of pork h decreased slightly during week of September to $5.11 per kilogram. 

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(With AP inputs)