date:Oct 30, 2018
hina imposed tariffs of 25 percent on a list of American products including soya bean on July 6, in response to US duties on Chinese goods worth a similar amount.
China has now dropped the ban on India (on rapeseed meal) in order to reduce its reliance on the US, its biggest exporter of soya bean. China buys 60 percent of the soya bean traded worldwide, processing it into soya meal to feed its vast pig herds. India is among the many countries that are being favoured by China following its trade