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07.10.25 - 11:54
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China′s Soybean Boycott - Key Questions Before Trump-Xi Meeting (ZeroHedge)
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China's Soybean Boycott - Key Questions Before Trump-Xi Meeting
At the end of last week, new details emerged via a Wall Street Journal report outlining the Trump administration's potential farm bailout, estimated to be in the range of $10 billion to $14 billion, aimed at cushioning farmers amid China's pivot in agricultural purchases to Brazil. Trump blasted China last week, saying Beijing was "hurting" American farmers during the ongoing trade negotiations, and noted that soybeans would be a major topic in his upcoming meeting with Chinese President Xi Jinping.
Soybeans and agricultural purchases have yet again become a central battleground in US-China trade talks.
To make sense of it all, Bloomberg provided readers with a Q&A breakdown about the soybean debate ahead of the Trump-Xi meeting at the Asia-Pacific Economic Cooperation summit, which begins in late October:
Why is China refusing to buy U.S. soybeans?
China hasn't purchased any soybeans from the current U.S. ha...
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07.10.25 - 09:48
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Ineos to cut a fifth of Hull jobs, blaming ′dirt-cheap′ imports from China (The Guardian)
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Company says more roles will be at risk unless UK government supports tariffs to protect industryBusiness live – latest updatesIneos, the chemicals company owned by the billionaire Sir Jim Ratcliffe, is to cut a fifth of jobs at its East Yorkshire plant, blaming “sky high” energy costs and “dirt-cheap” imports from China.The company said it would cut 60 jobs at the Ineos Acetyls site in Hull, which makes petrochemical products such as acetic acid, and said more roles would be at risk across the industry unless the government steps in. Continue reading......
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06.10.25 - 09:36
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China′s cleantech creating ′new global energy system′ as exports soar: report (SCMP)
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China's clean technology is “becoming the basis of the new energy system” around the world, with the country's monthly green tech exports hitting a record US$20 billion in August, a European think tank said.
As China brings down the prices of technologies like batteries and photovoltaic solar panels, sales are surging in countries across Southeast Asia, Latin America and Africa, according to a report by the UK-based think tank Ember.
“Demand for clean technologies continues to skyrocket as more......
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