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Wednesday, April 17, 2019
China Demand For Brazilian Soybeans To Remain Stable: Reuters
China's demand for imports of Brazilian soybeans should remain stable, Yang Wanming, China's ambassador to Brazil, told Reuters in an interview.
"I personally think there is no need to worry," he said, indicating that is his view regardless of whether a deal is cut between the U.S. and China.
There has been concern in Brazil that current U.S.-China trade discussions could negatively impact Brazilian soybean shipments to China which rose dramatically after China hit U.S. soybeans with tariffs.
Yang also said that Brazil could see more meat exports to China via high-level talks set for May. "We believe through the cooperation of both countries' agriculture ministries and quality inspection departments, more Brazilian farm and animal products can be imported into the Chinese market," Yang told Reuters.
The news service said that up to 78 Brazilian meat plants could be added to the list of those approved to ship to China.