Ukrainian Law Blog
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Saturday, February 10, 2018
China traders cancel U.S. corn cargoes on tighter GMO controls, buy from Ukraine: sources
BEIJING (Reuters) - Some Chinese buyers have canceled corn purchases from the United States and switched to rival supplier Ukraine, as Beijing tightens controls on processing genetically modified strains of the crop, three trade sources and an analyst told Reuters.
Any prolonged shift by one of the world’s top corn importers would unnerve U.S. farmers as they prepare to harvest a bumper crop this year and could potentially mark a new front in trade tensions festering between China and the United States.
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