22 Jan 2020 --- With Chinese New Year just around the corner, there are some signals that the Year of the Rat could be a fruitful one for US-Chinese nutritional trade. A partial US-China trade agreement will reduce tariffs on some imported Chinese goods used by US supplement and food companies. The American Herbal Products Association (AHPA) notes that US companies may wish to delay imports until February 14, when the lower rates come into effect. Meanwhile, US-based GNC is partnering with Renmintongtai, the pharmacy chain of Harbin Pharmaceutical Group, as well as launching four supplements in China. The company highlights the business potential of the Chinese market as people’s awareness and demand for health continue to grow.
