The Chinese state agricultural conglomerate COFCO Group recently purchased a batch of soybeans amounting to
The Chinese state agricultural conglomerate COFCO Group recently purchased a batch of soybeans amounting to “millions of tonnes” from the United States, it said in a notice on Saturday.
The purchase was part of the company’s efforts to implement a “consensus” on trade agreed between China and the United States, it said in a notice on its website.
Soybeans have been a crucial element in simmering trade tensions between the two countries.
