China won’t have a problem buying $40 billion in
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Posted On: 12/20/2019 8:17:45 PM
China won’t have a problem buying $40 billion in U.S. farm goods a year despite growing concerns over the feasibility of the deal, an influential Chinese industry expert said.
Shanghai JC Intelligence Co., China’s most clued-in agricultural consultant and researcher, says that the Asian country could spend $18.7 billion a year on U.S. soybeans. It could also buy about $7 billion worth of other grains and related products, more than $2 billion in poultry and chicken feet, and $2.5 billion worth of nuts, JCI said. Cotton, fish and ethanol are also on the table, it said.
https://www.bloomberg.com/news/articles/2019-...ods-viable
Shanghai JC Intelligence Co., China’s most clued-in agricultural consultant and researcher, says that the Asian country could spend $18.7 billion a year on U.S. soybeans. It could also buy about $7 billion worth of other grains and related products, more than $2 billion in poultry and chicken feet, and $2.5 billion worth of nuts, JCI said. Cotton, fish and ethanol are also on the table, it said.
https://www.bloomberg.com/news/articles/2019-...ods-viable
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