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RSS FeedsChina`s return to US soybeans was seen as a major concession. Here`s why it probably wasn`t.
(WorldNews China)

 
 

15 december 2018 17:00:48

 
China`s return to US soybeans was seen as a major concession. Here`s why it probably wasn`t.
(WorldNews China)
 


While China`s return to the US agriculture market was positive news for farmers, it may not mean much for trade negotiations. The US Department of Agriculture announced Thursday that China bought 1.13 million metric tons of soybeans this week. The move was seen as a major concession from Beijing, with officials in Washington hailing it as a `great step.` But some experts say that was bound to happen anyway. `That was not a concession,` said Wallace Tyner, an agricultural economist at Purdue University. `It was played as a concession. It`s a good thing. But it`s not something that`s...


 
28 viewsCategory: General > Asia > China
 
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