News on China.

China buys large amount of soybeans from US

Chinese companies have bought ten ship cargoes of soybeans from the US, the biggest purchase since June, Reuters writes. This occurs a few weeks before China and the US once again meet for negotiations in the ongoing trade war. Updated.

China exempts certain products from tariffs

China says that a range of US-produced goods will be exempted from the tariffs implemented last year as the country's government seeks to ease the impact of the current trade dispute with the US. But it will not lift the tariffs on soybeans and pork.

Woodmac says Chinese gas import will keep growing

China's gas import will continue to grow considerably despite expectations that the country's own output will more than double over 20 years, UK analyst firm Wood Mackenzie assesses in a new report.

Three new Chinese yards discussing merger

Another three shipbuilders in China are in talks to merge, reports news outlet. This happens after two of the country's biggest yards have similarly announced plans to merge.

China's two biggest shipbuilders to merge

The two largest shipyards in China are working on a merger, which will create one of the biggest shipyards in the world. The companies inform, however, that several details still need to be ironed out before an actual merger can take place.

US and China enter trade truce

Saturday, the US and China agreed to restart negotiations of a trade deal. US President Donald Trump furthermore promised not to introduce new tariffs right now.

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