China has released a list of 16 US imports that will be exempted from tariffs in the ongoing trade war between the world’s two largest economies.
They include anti-cancer drugs and animal feed.
But with more than 5,000 products on it, the list of goods that are still subject to extra taxes is much longer.
Nevertheless, some analysts view the move as a friendly gesture by China ahead of talks with the US.
“The exemption could be seen as a gesture of sincerity towards the US ahead of negotiations in October but is probably more a means of supporting the economy,” ING’s China economist Iris Pang wrote in a note.
“There are still many uncertainties in the coming trade talks,” she said, adding: “An exemption list of just 16 items