Why China imports soybeans from the US?
source: https://atlas.media.mit.edu/en/visualize/tree_map/hs92/export/usa/chn/show/2016/ The entire squabble between Beijing and Trump, where they slap tariffs on each other like its just same children game, had shine the spotlight on one particular item, that China had just slap the tariff on: Soybean. A quick search on the MIT’s Observatory of Economic Complexity app, you will find the above visualisation (screenshot) … Continue reading Why China imports soybeans from the US?
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