Posted inBeijing, China, Hong Kong, North Korea, Northeast Asia, World

Farmers in China’s northeast get a new task: Grow soybeans

Soybeans have become a weapon for Beijing in its tit-for-tat trade row with Washington. Chinese importers stopped buying the US legumes after Beijing imposed a 25% tariff in early April, a move which threatens billions in exports and many farmers in the US Midwest. US agribusiness conglomerate Bunge Ltd has said Chinese importers had stopped buying American soybeans and […]