China placed soybean orders of just 130,000 tonnes between July 19 and August 2, compared to previous orders in the “millions of tonnes”, partly because US soybean prices were “not competitive”. Photo: AP

China reluctant to place large soybean orders despite Donald Trump’s US trade war demands

  • Beijing suspended purchases of US agricultural products in July after the US president complained that China was not purchasing enough US farm products
  • Soybeans have become a focal point in the China-US trade war although China’s demand has dropped due to an outbreak of African swine fever
Topic |   US-China trade war

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China placed soybean orders of just 130,000 tonnes between July 19 and August 2, compared to previous orders in the “millions of tonnes”, partly because US soybean prices were “not competitive”. Photo: AP
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.