CHINA TO BUY WOOL
(N.Z.P.A. Staff Correspondent
PEKING, Feb. 20
The Minister of Agriculture (Mr Moyle) said today that Chinese officials had given him a firm assurance that China would soon resume buying wool from New Zealand.
They have also assured him they are taking up the matter of buying wool from the Wool Marketing Corporation. Mr Moyle suggested this in talks with the Foreign Trade Minister (Li Chiang). Mr Moyle said the Chinese told him: “We will respeci your Government’s wish to deal with the Wool Marketing Corporation.” Price was not discussed, and this would be a matter for negotiations between the China National Textile Import-Exoort Corporation and the Wool Corporation, Mr Movie said after talks with Textile Corporation officials today. China bought more than than slsm worth of wool at auction in the 1973-74 season but has bought none this season.
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Press, Volume CXV, Issue 33774, 21 February 1975, Page 14
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143CHINA TO BUY WOOL Press, Volume CXV, Issue 33774, 21 February 1975, Page 14
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