The economic fallout of the coronavirus pandemic may prevent the world’s largest consumer of soybeans from meeting its promise to buy US$40 billion to US$50 billion worth of agricultural products from the US.
The commitment was part of the phase one trade deal struck in January between Washington and Beijing and will largely hinge on soybeans, by far China’s largest agricultural import from the US, which are crushed into feed for livestock.
Read more at South China Morning Post
