China Plans to Store Remaining U.S. Soy Purchases Amid Trade War – Bloomberg

China Plans to Store Remaining U.S. Soy Purchases Amid Trade War  Bloomberg

China plans to store cargoes of American soybeans bought earlier this year that are yet to be delivered, as the trade war between Washington and Beijing escalates, according to people familiar with the matter. The soybeans will be sent to boost state stockpiles rather than being processed, said the people, who asked not to be identified as they aren’t authorized to speak publicly. While the majority of the purchases were already destined for state reserves, some were being crushed. More from Bloomberg.com: Apple Just Announced It’s Selling a Mac Monitor Stand for $999 China has put further …

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