Soybeans imported from Brazil are unloaded at a port in Nantong in east China's Jiangsu province. The South American country is the largest exporter of the bean to China. Photo: Chinatopix via AP

Chinese animal feed industry can absorb impact of US soybean tariff, says New Hope chief

Liu Yonghao of New Hope Group, one of China’s largest animal feed producers, says a trade war can be damaging for both countries and hopes that the dispute can be resolved through negotiations 

Topic |   US-China trade war

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Soybeans imported from Brazil are unloaded at a port in Nantong in east China's Jiangsu province. The South American country is the largest exporter of the bean to China. Photo: Chinatopix via AP
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.