Chinese demand for Myanmar cotton could surge on trade war with US
2018-07-15 22:42:48 / MTG
China, the world’s largest importer of cotton, has been eyeing Myanmar-produced cotton with much greater interest in the wake of its trade war with the US, local cotton growers have told The Myanmar Times.
China has imported cotton from the US for the past 10 years. Last month though, US President Donald Trump imposed $50 billion worth of tariffs on Chinese imports, which includes agriculture. That sparked the ongoing trade war between the two countries, with China retaliating by slapping tariffs on agriculture imports from the US.
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Source From: The Myanmar Times
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