Carriers

China shields billion-dollar trade with the US

China opted not to implement a penalty tariff on US soy bean imports due to the serious consequences that such a move would trigger, reports US media.
US President Donald Trump with Chinese President Xi Jinping at a dinner in Beijing in November 2017. | Photo: Ritzau Scanpix/Andrew Harnik
US President Donald Trump with Chinese President Xi Jinping at a dinner in Beijing in November 2017. | Photo: Ritzau Scanpix/Andrew Harnik
Finans
BY KASPER BAATRUP, FINANS

"You don't start with your biggest bullet," said Ma Wenfang, an analyst at Beijing Orient Agribusiness Consultancy, to Financial Times this Sunday.

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