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China has offered the U.S. some “very attractive numbers” for purchases of farm goods as part of “dynamic” trade talks, but there are still concerns over areas such as biotechnology, according to U.S. Agriculture Secretary Sonny Perdue.

While parts of the agriculture deal are done, the U.S. is still ironing out details including how commitments will be enforced and implemented, he told reporters at the National Grain and Feed Association’s annual convention in Amelia Island, Florida. The U.S. is concerned about setting up a framework that would allow agriculture biotech innovations to flow into China in the future without being curbed by non-tariff barriers, he said.

OTHER NEWS

https://www.forbes.com/sites/toddmillay/2016/08/25/investing-in-china-too-big-to-ignore/#2a33ea8939ca https://www.sharesmagazine.co.uk/article/china-too-big-to-ignore-for-jpmorgan-asian https://www.wsj.com/articles/chinas-stock-market-isnt-too-big-to-ignore-11551403518

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