AP, WASHINGTONChina is finally to open its borders to US beef while cooked Chinese poultry is closer to hitting US supermarket shelves as part of a US-China trade agreement. Under the agreement, the US would welcome Chinese companies negotiating agreements to purchase US-produced LNG. China is attempting to turn to natural gas as a way to reduce its dependence on coal and combat the country’s extensive air pollution. The move would allow China to diversify its supply and provide a significant market for US suppliers — though the expansion could boost prices for US consumers. Ross downplayed the impact, pointing to the decline in natural gas prices.

Source: Taipei Times May 12, 2017 17:56 UTC