Concerns over an excessive reliance on the United States for supplies of soybeans, coupled with China’s now weaker position in the market when buying the often-controversial agricultural product, are two key factors underlying Beijing’s reluctance to place large orders, industry insiders said on Friday.Soybeans have become a focal point in the China-US trade war, and were again thrust into the spotlight earlier this month when US President Donald Trump threatened to impose tariffs on US$300…
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