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China denies offering $200 bln package to slash trade gap

Video Credit: Business Video Online - Duration: 01:41s - Published < > Embed
News video: China denies offering $200 bln package to slash trade gap

China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked chaos across the global grain market.

But as Ciara Lee reports, it has denied reports that it had offered a package to slash the U.S. trade deficit by up to $200 billion.

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