China will start subsidizing wheat exports

Introduction: odj Washington news odj Washington news: according to U.S government officials on Monday, the U.S trade negotiation Agency (USTR) believes that China will begin to provide subsidies for wheat exports for the first time after harvesting this year's winter wheat, just like China's subsidies for corn exports over the years T8p Bruce Quinn, a trade expert at the U.S Department of Commerce, was a USTR official in charge of China until Friday Speaking at the spring annual meeting attended by representatives of the US wheat industry, he said that USTR's forecast was based on information provided by well-informed agricultural and export sources in the US and China According to t8p Bruce Kun, USTR has protested against China because in recent years China has often subsidized exports and sold corn internationally at a price lower than the market But Quinn stressed that U.S officials do not have strong enough evidence to appeal to the WTO T8p Bruce Kun said China uses some form of system to subsidize corn exports, but admitted that USTR does not know what kind of system it is An industry analyst attending the spring meeting agreed that China's wheat exports in 2003-04 would be as high as 2 million tons, higher than the USDA's forecast of 1.5 million tons for 2002 / 03 But the analyst said the increase in China's wheat exports was not due to higher production Instead, China expects to sell its wheat stocks abroad, most of which are feed wheat Citing another trade issue, t8p Bruce Koon said USTR was increasingly disturbed by the aggressive efforts of Chinese governments at all levels to prevent flour mills from importing American wheat He thinks it's a real problem But he added that in addition to some anecdotal evidence, USTR would find it difficult to gather other evidence to prove China's unwillingness to import US wheat T8P t8P