Soybeans are offloaded from a combine during the harvest in Brownsburg, Indiana.China's Finance Ministry, said Beijing is waiving tariff hikes on US soybeans and pork while the two sides negotiate a trade deal. - AP
China has committed to building a"moderately prosperous society" by the end of 2020. It is a target the country must achieve, state news agency Xinhua reported, citing a politburo meeting chaired by President Xi Jinping. The government will employ counter-cyclical tools, pursue supply-side reforms, meet anti-pollution targets and mitigate against systemic financial risk, the politburo said.
Top leaders are due to map out more specific and detailed economic and reform targets and plans for 2020 during an annual Central Economic Work Conference later this month.
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