News Snapshot:
A statement from a China Commerce Ministry official: - Will expand imports actively - will ensure domestic supply of commodities - will study targeted measures for foreign trade ---- China is pragmatic on ensuring supply of what the country needs. In its trade war on Australia, for example, China did not impose on imports of iron ore (not so far, anyway) as it took a pragmatic approach on needed the material. In its trade war with the US it threw a bone in the form of importing more soybeans from the US. Again, a pragmatic approach.