Current situation and development trend of China’s soybean industry under Sino-US trade friction
  
DOI:10.12166/j.zgyz.1003-7969/2020.02.003
KeyWord:trade friction  soybean  current situation  development trend
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Author NameAffiliation
YAO Lin College of Economics and ManagementChina Agricultural UniversityBeijing 100083China 
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Abstract:
      The current situation of China’s soybean industry under Sino-US trade friction were summarized.The reasons for the development characteristics of the soybean industry and the future change trend were analyzed. The analysis showed that the increasing of China’s soybean import was mainly due to the growing demand of China’s soybean oil and soybean meal, and the import source countries were concentrated on Brazil and the United States. Trade frictions would reshape the world soybean planting and trade pattern. China’s soybean import sources would be diversified. Domestic production and import of soybean substitutes would increase, but the situation of soybean dependence on import would continue.
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