MercoPress. South Atlantic News Agency
China insists on “gradual” reduction of soy imports from Argentina
China’s soybean oil traders may “gradually” delay or cancel imports from Argentina after the country toughened inspections, the China National Grain and Oils Information Center said early Wednesday from Beijing. Read full article
Comments
Disclaimer & comment rules“Two giants are fighting to see how they balance a trade balance”
Apr 07th, 2010 - 07:56 am - Link - Report abuse 0Really if nothing illustrated how Argentina deludes itself, that phrase says it all.
not a surprise that comment.
Apr 07th, 2010 - 08:25 am - Link - Report abuse 0GDP US$ 4,758,000M People's Republic of China
Apr 07th, 2010 - 01:38 pm - Link - Report abuse 0GDP US$ 301,300M Argentina
Order of magnitude difference, 1 giant, 1 pygmy.
....“Chinese importers began curbing exports from Argentina on April 1 after they said the Latin American country had accelerated cases of antidumping measures against Chinese imports.”...
Apr 07th, 2010 - 01:55 pm - Link - Report abuse 0- Chinese revenge for antidumping measures!!!! It will work out!!!
“Chinese revenge for antidumping measures”
Apr 07th, 2010 - 03:32 pm - Link - Report abuse 0Or as everyone else sees it, a Chinese response to Argentine protectionist measures to prop up a failing industry that can't compete otherwise.
jajaja its funny. When are you gonna lift your protectionism with regard to agricultural goods????
Apr 07th, 2010 - 04:41 pm - Link - Report abuse 0Is that sector of your economy so uncompetetive????
I bet it is!!!!
Actually no, UK agriculture is very competitive, its the most efficient in Europe. Thats even with the animal welfare rules that British farmers have to comply with compared with their Danish colleagues for example.
Apr 07th, 2010 - 09:21 pm - Link - Report abuse 0@JustinKuntz if we are pygmy what are you?
Apr 07th, 2010 - 09:49 pm - Link - Report abuse 0Argentina can feed easily 300 million people while UK cannot feed its self.
Your main job is the printing paper with the face of the Eli II on it.
What can you export from Britain a part of Brits expats looking for a job in other countries?
7 JustinKuntz, you could be the most competetive of europe, but not more than Argentina or Brasil. Why don't you lift your barriers to our goods???
Apr 08th, 2010 - 12:49 am - Link - Report abuse 0You didn't answer!
UK is today thanks to Tatcher (I think) a country which economy is based mostly on financial services, not much real produccion there, that's why you cannot yet get out of the global downturn as many countries did. I'm not an economist, but I've read that.
Actually Jorge, manufacturing output accounts for about 20% of the British economy and employs about 14% of the workforce and that's not counting the service industry associated with manufacturing, so your assertion that there is ”not much real produccion (sic) there” is simply untrue.
Apr 08th, 2010 - 07:43 am - Link - Report abuse 0Regulation of, and stringent standards within the chinese food industry are not as consistent as the EU, US, or most other food producing and exporting countries for that matter. There have been several scandals leading to the death of many people, including babies (most recently) after melanine was found in milk powder. In it's efforts to tighten controls, and improve standards of quality, the China Ministry of Commerce, tested imported soya oil from argentina. Solvent residues in the oil came to approx 300ppm. Reasonably normal however, at the conference of major traders in soya oil, it was proposed to lower the acceptable residue limit to 100ppm. As is common in China, some pratt convinced the other pratts at the conference without realising that this reduced level is almost unachievable. Truth of the matter is that, China is reacting to Argentine beligerence over Chinese imports...to some degree justified however, the Chinese opinion is, Quote: “that restrictions should have bee made earlier, as the South American country was aggressive and unreasonable while banning chinese goods”...unquote by Wu Guoping senior researcher Chinese Academy of Social Sciences for South America.
Apr 08th, 2010 - 11:04 am - Link - Report abuse 0We stand to lose approx. 600 million usd. unless we import more trash.
Apr 08th, 2010 - 11:05 am - Link - Report abuse 010 J.A. Roberts, let me read more about that since I don' trust you.
Apr 08th, 2010 - 09:47 pm - Link - Report abuse 011globetrotter, you are right.
12globetrotter, when you say “we”, who are you refering to????
13. I thought it was obvious...
Apr 09th, 2010 - 01:04 am - Link - Report abuse 014 globetrotter, I don't consider you an argentinean, that's why I asked.
Apr 09th, 2010 - 01:49 am - Link - Report abuse 015. Jose, you can consider me for whatever you wish, I have no objections :-) Besides, I have neither need for, nor reason to justify anything, since I know who I am, and where my roots lie.
Apr 09th, 2010 - 04:23 am - Link - Report abuse 010 J.A. Roberts, let me read more about that since I don' trust you.
Apr 09th, 2010 - 07:15 am - Link - Report abuse 0Perhaps you should read about these things before you go around making claims you cannot substantiate. A bit like the Argentine claim over the Falklands...
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