China to boost imports of Russian soybeans, cutting out US crop exports | WHAT REALLY HAPPENED

China to boost imports of Russian soybeans, cutting out US crop exports

China’s Commerce Ministry said on Thursday that Beijing and Moscow are discussing ways to increase bilateral trade, particularly by increasing imports of Russian soybeans and other agricultural products.

Commerce Minister Zhong Shan met with Russian Minister for Economic Development Maxim Oreshkin this week. They agreed to “deepen trade in soybeans” as China looks to diversify supplies away from the United States.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA