Peterson Institute: China is behind in promised ag purchases
China committed to an additional $12.5 billion of purchases in 2020 above 2017 levels, implying an annual target of $36.6 billion in agricultural purchases, but through June 2020, China’s imports of covered agricultural products were $8.7 billion, compared with a year-to-date target of $18.3 billion, the Peterson Institute for International Economics reported in a tracker of all of China’s purchases of U.S. goods under the phase one trade agreement.
–The Hagstrom Report
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