Chinese agri purchases from US still lagging behind the target

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According to Peterson Institute for International Economics (PIIE) statistics, Chinese agricultural purchases by the June-end were far from where they ought to be at this point in the year.

As per the report, they had reached only 39% of their semi-annual target, according to US figures.

Ahead of the US elections, Beijing and Washington are set to meet beginning August 15 to discuss the deal, which calls for China to sharply increase buying American goods and services this year and next.