You searched for "trade war" (2 results found)

Don’t Bet on Russian Soybeans, Russian Expert Warns China

  • 20 Aug 09:47

А Russian agricultural specialist has warned that soybean exports to China are likely to remain low for the next few years, suggesting that the amount produced will not be enough to provide a real alternative to production from the United States, theSouth China Morning Postreports. Soybean imports in China are the latest victim of a raging trade war with the U.S., as Beijing suspended purchases of U.S. soybeans and other farm products this month after U.S. President Donald Trump threatened to impose more tariffs on Chinese products. Russia is one of the many alternative sources for the crop – a vital food source for farm animals – and last month China. Read more...

Russian food exports to China growing

  • 7 Dec 10:03

In 2018 China retainы its status as the largest consumer of food from Russia, increasing purchases compared to last year. Russian food imports to Chinese market exceeded a billion dollars, reports Xinhua with reference to the statement by the Director General of the Russian Agricultural Market Research Institute, Dmitry Rylko. The expert points out that the main Russian export items to China are fish and seafood, but the volume of grain supplies to Chinese market remains modest. The head of the National Meat Association of the Russian Federation Sergey Yushin said that Russia is capable of supplying up to 200–300 thousand tons of pork, as well as poultry. Read more...