China's economy grew a forecast-beating 6.8 per cent in the first quarter, official data showed Tuesday, overcoming Beijing's battle on financial risk and pollution and trade tensions with the US. Iowa, America's top pork-producing state, voted for Trump in 2016 but went to the Democrats in the previous two presidential elections.
The Commerce Ministry chose to launch anti-dumping and anti-subsidy probes into US' sorghum in early February.
Investigators concluded dumping of US sorghum "substantially damaged" Chinese competitors, the Commerce Ministry said.
The ministry took the decision after detecting a rise of exports of such a product by 317 thousand tons in 2013 to 4.76 million in 2017, while prices went down 31 percent in the Chinese market.
China will allow full foreign ownership of carmakers in five years, ending restrictions that helped to fuel its trade dispute with US President Donald Trump as it promotes electric vehicle development.
China on Tuesday elaborated on when it would scrap foreign ownership limits for automakers, shipbuilders and aircraft producers.
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"China has consistently asked Chinese companies to comply with the laws and policies of host countries and manage their businesses in line with laws and regulations", said the spokesperson.
President Xi Jinping announced the plans for the auto industry last week without giving any timeline. The US has trade deficit of United States dollars 500 billion per annum.
That will be followed by a similar repeal for makers of commercial vehicles in 2020 and passenger vehicles in 2022. China is one of the biggest foreign markets for United States sorghum growers.
The NDRC also said the shipbuilding industry will do away this year with foreign ownership restrictions for firms designing, making and repairing vessels.
Sales of sedans, SUVs and minivans past year totalled 24.8 million units, about 55% of which were American, European, Japanese and Korean brands.
The slowdown in retail spending growth was particularly noticeable in the rural areas where consumer spending expanded by 10.9 per cent to 1.32 trillion yuan in the first quarter, compared with a growth of 11.9 per cent last year, while the growth in the urban areas was unchanged from last year at 9.7 per cent, with sales reaching 7.70 trillion yuan.