Skeptics question reality of China’s threat to delay purchases of U.S. pork and soybeans

Photo credit: Luca B’Urbino/The Economist

With tensions rising between the U.S. and China in the last ten days, questions are mounting regarding China’s ability to meet its Phase One trade deal obligations.

China provided a major shot against the U.S. bow early Monday (June 1) when Reuters reported that President Xi had instructed Chinese state-owned COFCO and Sinograin to quit purchasing pork and soybeans from the U.S.
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The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.