Replies to post #14812 on The Rising Influence of Rising Affluence

[DewDiligence]

China trade deal could be big for US (L)NG:

https://www.wsj.com/articles/china-trade-plan-is-big-deal-for-natural-gas-1494582778

China has terrible air pollution, burns too much coal and pays too much for natural gas. The U.S. has too much gas, trouble financing expensive export terminals, and a huge trade deficit with China. The solution should be obvious.

It looks like policy makers in both countries may be thinking along similar lines, according to a preliminary 10-point bilateral trade plan released by the Trump administration Thursday.

[DewDiligence]

China makes good on promise to approve GMOs (for import only) more quickly:

https://www.wsj.com/articles/china-greenlights-imports-of-two-new-gmo-products-1497444846

China approved imports of two new varieties of genetically modified crops, clearing the way for U.S. agricultural companies to market new biotech seeds to farmers.

The decision announced Wednesday affects genetically engineered corn and soybean varieties developed by Dow Chemical Co. and Monsanto Co. It comes after Beijing agreed to speed reviews of biotechnology applications as part of a trade deal with the Trump administration last month.