US, Chinese officials extend Beijing trade talks

On Tuesday, China also announced it would approve the imports of five new varieties of genetically modified crops, a move that would allow more American farmers to sell more biotech seeds to China."The approval of the seeds is a big deal," said Craig Allen, president of the US-China Business Council. "It allows the seed companies, farmers and traders greater transparency. Hopefully, this also implies that in the future, there will be a more predictable process."