China is no longer dependent on US soybeans, but they are still determined to invest in Trump
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YouTubeCNBC International Live
China is no longer dependent on US soybeans, but they are still determined to invest in Trump
Dan Wang, China director at Eurasia Group, says that the diversification of China's soybean purchases are a part of its South-South strategy, as it pulls back its dependence on the US. She suggests we will see a transactional US-China trade deal by the first quarter of 2026, and that China and the US are on an equal footing at the moment.
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