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A BBG headline crosses noting that China is...>

CHINA
CHINA: A BBG headline crosses noting that China is said to be preparing to buy
more U.S. pork, triggering some light risk-on flow.
- This is a plus at the margin (goodwill gesture maybe pre-Oct ministerial level
trade talks?) but not a "critical issue" central to the underlying matters in
the trade dispute, as we have discussed previously.
- Remember Chinese pork prices have surged in the last year or so on the back of
the well documented outbreak of African swine fever.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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