Economics
Souring U.S. Ties Prompt China to Seek Sweeter Indian Trade
- India may export 2 million tons of raw sugar to China
- Chinese team to visit India next month to check facility
Indians wait for a bus ride in southern New Delhi.
Photographer: Roberto Schmidt/AFP/Getty Images
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The ongoing trade war between China and the U.S. is pushing the Asian powerhouse to sweeten ties with neighboring India.
China’s refiners are considering the purchase of unprecedented amounts of Indian raw sugar, with a delegation visiting the South Asian nation next month to meet mill officials and inspect logistics infrastructure, according to an Indian official. Refiners may buy the sugar “if prices are good enough,” said Liu Hande, vice chairman of China Sugar Association.