China Welcomes U.S. Dairy Companies Amid Ongoing Tensions

China has issued an invitation to dairy companies in all nations, including the United States, to expand their operations.
China has issued an invitation to dairy companies in all nations, including the United States, to expand their operations.

China has invited dairy companies from all countries, including the United States, to expand their business in the Chinese market.

This announcement was made by Vice Minister of Commerce Wang Shouwen during a meeting with U.S. Dairy Export Council President Krysta Harden, according to a statement from the ministry.

Meeting Highlights:

The meeting highlighted the commitment of both nations to strengthening their economic and trade relations, with a specific focus on cooperation in dairy products and other agricultural sectors.

The visit by the U.S. Dairy Export Council President comes shortly after the Chinese Ministry of Commerce announced potential provisional anti-dumping measures on pork imports from the European Union. This development is part of a year-long investigation that began on June 17.

Investigation into EU Pork Imports:

China has initiated an investigation into pork and its by-products from the EU, primarily targeting Spain, the Netherlands, and Denmark. This move follows the EU’s imposition of anti-subsidy duties on Chinese-made electric vehicles.

In the report released on Tuesday, the Ministry of Commerce indicated that China and the U.S. had exchanged views on their broader economic and trade relations. The discussions also covered the prospects for enhanced cooperation in the dairy industry and other agricultural products.

James Adam

James Adam, a noted business writer for CEO Times Magazine, specializes in insightful industry analysis and executive profiles. Known for his clear, concise style, James offers readers an expert perspective on global business trends and market dynamics.

Previous Story

Shopee to Revamp Services in Indonesia Following Antitrust Ruling

Next Story

Japan Currency: Authorities on High Alert as Yen Hits 40-Year Low

Latest from News