HONG KONG | China ends US sorghum anti-dumping probe, OKs Toshiba deal

HONG KONG — China has dropped an anti-dumping investigation and given long awaited approval for the sale of Toshiba’s memory chip business, in gestures that could suggest a thaw between Beijing and the U.S. as trade talks resumed in Washington.

The Commerce Ministry said Friday ended the probe into imported U.S. sorghum because it’s not in the public interest. A day earlier, Beijing cleared the way for a group led by U.S. private equity firm Bain Capital to buy Toshiba Corp.’s computer memory chip business.

Continue reading HONG KONG | China ends US sorghum anti-dumping probe, OKs Toshiba deal at STL.News.



Source link