Exclusive: China is preparing to buy more than 30 million tonnes of crops for state stockpiles to help protect itself from supply chain disruptions due to the coronavirus pandemic and make good on pledges to buy more U.S. crops, sources say
FILE PHOTO: Corn is harvested from a field on Hodgen Farm in Roachdale, Indiana, U.S. October 29, 2019. REUTERS/Bryan Woolston/File Photo
“The main message from is to secure people’s livelihoods. It is a good time to build up reserves, especially when prices of the goods are at quite low levels,” one of the sources said. One of the sources said it was unclear when the buying would take place. The timing would depend on how the market evolves.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: China plans to boost state reserves with U.S. crops amid coronavirus - sourcesChina is preparing to buy more than 30 million tonnes of crops for state stockpiles to help protect itself from supply chain disruptions due to the coronavirus pandemic and make good on pledges to buy more U.S. crops, three sources told Reuters.
Read more »
China reports 10 new coronavirus cases in mainland vs 30 a day earlierMainland China reported 10 new coronavirus cases as of the end of April 22, down from 30 a day earlier as the number of so-called imported cases involving travelers from overseas declined, the National Health Commission said on Thursday.
Read more »
Coronavirus live updates: China reports 30 new cases; White House says Americans need to prepare for more deathsChina's National Health Commission said there were 30 new confirmed cases as of April 21, and no new deaths were reported for the seventh straight day.
Read more »
China calls virus lawsuit brought by US state 'very absurd'China is slamming a lawsuit brought against it by the U.S. state of Missouri over the coronavirus pandemic as “very absurd.” A foreign ministry spokesman says the legal action has “no factual and legal basis at all.”
Read more »