Since the beginning of the Sino -US trade dispute in the Trump era, Chinese grain companies have participated in the formal signing ceremony of purchasing American agricultural products for the first time.
According to BloomberCrops such as BUNGE) and Cargill signed 11 agreements on a forum held in Iwa.
Before the outbreak of trade disputes in former US President Trump, the ceremony was not uncommon.The last occurred in this occasion in 2017.In the following years, although China has picked up the import of agricultural products in the United States, its purchasing source has been diversified, and it has been purchasing more agricultural products from countries such as Brazil.
The specific terms and time arrangements of these 11 unreasonable transactions have not been disclosed.However, the Chinese ambassador to the United States Xie Feng said in a statement that he was worth billions of dollars.
