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In Depth: Why China Is Still Hooked on U.S. Soybeans

2019年10月31日 18:26 来源于 财新网
Despite scouring the globe for alternative sources and boosting domestic output, for now, Chinese companies can’t escape their need for American supplies
Harvesters collect the soybean crop on Sept. 28 in Heihe, Northeast China's Heilongjiang province. Photo: VCG

It’s almost midnight in Shanghai, but Xu Jianfei, managing director of soybean trading company Huahong Investment Co. Ltd., is still busy working — tracking down suppliers, organizing transport, consulting with clients. Long hours have become the norm for Xu as Chinese traders have been forced to scour the world for new sources to reduce their dependence on U.S. soybeans, which have become one of China’s main weapons in the trade war with America.

版面编辑:喻竹杨洋
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