South China Morning Post

China pledges more domestic grain supply after excluding US soybeans from tariff cuts

China has pledged to step up grain production, including soybeans, to ensure domestic supplies amid heightened volatility in global food markets, even as the country has just proposed cutting tariffs on a range of US agricultural products. The push comes as China’s grain supply is expected to come under growing pressure from rising demand in the coming years, while the country remains heavily dependent on overseas soybean supplies. Soybeans were excluded from the latest tariff-relief deal...

By South China Morning Post

1 min read
China pledges more domestic grain supply after excluding US soybeans from tariff cuts
China pledges more domestic grain supply after excluding US soybeans from tariff cuts

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