Chinese soybean buyers are asking sellers in the United States to delay cargoes. Photo: AP

Chinese buyers look to delay soybean cargoes from American suppliers

  • Beijing’s state-owned companies trying to roll about 2 million tonnes of July cargoes into August, source says
  • Contract renegotiations come as the world’s top two economies remain locked in a protracted trade war
Topic |   US-China trade war

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Chinese soybean buyers are asking sellers in the United States to delay cargoes. Photo: AP
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Illustration: Kaliz Lee

Why China’s dependence on farm subsidies is an obstacle to a trade war deal with the US

  • Prospects for Washington and Beijing reaching a deal to end their months-long trade war have dwindled as tit-for-tat tariffs have returned
  • But the stumbling blocks go beyond import duties, and China may not be prepared to cross its ‘red lines’
Topic |   US-China trade war

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Illustration: Kaliz Lee
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