As the end of the annual National People's Congress, Prime Minister Li Keqiang emphasised that China does not want a trade war with the US. And promised European companies fair access to Chinese markets.
No group of US farmers has more to lose from a trade war with China than soybean growers. But as Beijing adjusts to new trade realities, Chinese farmers also have a lot on their plates.
The latest US salvo against China has escalated the threat of a trade war between the world's two largest economies. China has responded by announcing countermeasures affecting up to $60 billion worth of US exports.
US President Donald Trump remains focused on reducing the American trade deficit, and Japan may be the next target. An American newspaper cites the president as saying he wants to make Tokyo "pay" for its surpluses.
There are allegedly differences within the Chinese leadership over the course of the trade dispute with the US. A consensus might be found at the traditional summer party conference in Beidaihe.
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