South China Morning Post
AsiaPac · 2 hrs ago
✦ 75◉ Centre
Soybean counters: scope of China-US farm deal depends on math, analysts say
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Quality 75/100
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◉ Centre ✓ Fair headline
Analysts question the significance of China's announced 'double-digit billions' in agricultural purchases from the US following Trump's Beijing visit, suggesting the figure may be marginal once previous commitments are factored in and could shift soybean sourcing away from Brazil.
Soybean counters: scope of China-US farm deal depends on math, analysts say
China’s purchase of “double-digit billions” in American agricultural products touted by US officials following President Donald Trump’s state visit to Beijing appears to be a marginal addition after factoring in previous commitments, analysts said, adding that new orders could reduce the country’s reliance on Brazil for soybeans and other items.
US Trade Representative Jamieson Greer said on Friday that he expects to see China buy a 10-figure sum in agricultural products annually over the next.
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