China buying lots of soybeans and pork....

quote:

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The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 for shipment in 2019 as a highly contagious swine disease continued to ravage the Chinese hog herd.

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quote:

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Some firms already bought at least 20 cargoes, or about 1.2 million tons, from the U.S. Pacific Northwest on Monday, the people said.

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Lets be serious, did anyone think anyone else in the world could suddenly produce tens of millions of pigs to replace the ebola epidemic in china. Or suddenly grow millions of tons of soybeans?

We relax tariffs on dog collars and some computer components (to piss off IB), they buy food.

While their "Wall Street" is clamouring for another tranche of cheap debt, their central bank is balking at another turn at the govt teat, me thinks the well, or teat, is about dry and they know it.