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China's selective farm purchases signal trade-deal leverage ahead of Trump-Xi summit
New York Times·CN · US·1 day ago
Beijing has purchased US soybeans ahead of the Xi-Trump summit, a move that signals a tactical de-escalation in the ongoing trade conflict. The purchase is symbolic given China's historical shift from soybean exporter to importer, and it may be a goodwill gesture to improve negotiating leverage. The durability of this détente remains uncertain, as it could be reversed if talks fail.
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