July 22, 2019 12:56PM ET

China Hints at Trade Talks Restart After Making ‘Goodwill’ Moves

Grain is loaded into river barges docked at the Nantong Cereals & Oils Transfer Co. facility at the Port of Nantong in this aerial photograph taken above Nantong, Jiangsu province, China, on Wednesday, June 6, 2018. After years of oversupply, the global grains market is finally starting to tighten. With production falling and demand expected to reach a new record, a measure of stockpiles relative to consumption is forecast to drop from a 16-year high next season, the United Nations' Food & Agriculture Organization said.

CREDIT: Qilai Shen/Bloomberg

Face-to-face negotiations between the top Chinese and U.S. trade negotiators could happen soon, according to Chinese state media, after a number of goodwill gestures by Beijing over the weekend. Chinese companies asked U.S. exporters about buying agricultural products and also applied for exemptions from China’s retaliatory tariffs on the goods, state-run Xinhua News Agency reported Sunday. That shows China’s…

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