Breaking News-RTRS-UPDATE 3-Argentina says China soyoil talks progressing

BUENOS AIRES, April 13 (Reuters) - Argentine officials said on Tuesday talks to resolve a trade spat with China over soyoil were progressing and many exporters would be able to meet tough new import standards imposed by Beijing.
The new requirements have put a question mark over a key hard currency earner for the South American country, the world's biggest soyoil exporter. They also threaten to squeeze supplies in China, the top consumer of the edible oil.
Chinese authorities have denied the new rules were imposed in retaliation for Argentina's decision to restrict some Chinese imports like shoes and steel pipes to protect local industry during the global economic crisis.