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Chinese demand for ag imports to remain strong for years to come China’s imports of U.S. agricultural commodities broke records in 2020, and the country may buy even more this year as U.S. farmers and shippers strain to meet the seemingly inexhaustible Chinese demand. Written By: Bill Tomson / Agri-Pulse | 11:56 am, Feb. 25, 2021 × China is determined to grow more self-sufficient, but the country is also widely expected to remain a growing importer of meat and grains for years to come as the Chinese economy and demand grows, outstripping production capacity, accordi...

In Norway, China’s Winter Olympics ‘gold-medal factory’ hoped to put young athletes on the podium When Zhang Yuanyuan arrived in Norway to train as a cross-country skier for the Winter Olympics, not only had she never skied before, she had never seen snow. The 18-year-old from Sichuan province had trained to be a competitive kayaker until 2018, when she was selected by Chinese sports authorities to swap her paddle for skis, and sent to live in rural Norway, where she has since undergone intensive training. The goal: to compete as a biathlete - the Olympic event combining cross-country ...

OMAHA (DTN) — U.S. agricultural trade and sales growth will continue hinging on the growth of sales to China, which USDA forecasts will hit another record for the fiscal year. USDA is forecasting a boost in sales to China, reaching a record $31 billion for fiscal year 2021. Trade overall for FY 2021 will reach $157 billion, an increase of $21 billion from FY 2020, or about 13.3% higher for the year. The fiscal year for 2021 runs from Oct. 1, 2020, to Sept. 30, 2021. “The best news for a salesperson, we’re selling more and we’re selling it at higher prices,” said Jason Hafemeister, t...

15 February 2021 Author: Editorial Board, ANU The downward spiral in US–China relations during the Trump administration prompted many to assert that the United States and China were entering a ‘new Cold War’. This framing was partly the result of the Trump administration’s confrontational stance on China, and the tendency of senior officials such as Vice President Mike Pence and Secretary of State Mike Pompeo to cast the relationship as a fundamental competition between the forces of democracy and authoritarianism. This adversarial view of US–China relations always extended far bey...

Businesses, experts oppose keeping tariffs The cost of the tariffs on China has far exceeded any benefits derived from them, so the incoming US administration should roll them back, a major American business group said Monday as the US trade chief advised President-elect Joe Biden to retain the punitive measures on China. US Trade Representative Robert Lighthizer, architect of the tariff policy that he argues benefited American workers, said in an interview with The Wall Street Journal, “We transformed the way people think about trade, and we transformed the way the models are. … My hope ...