{"id":441961,"date":"2025-12-12T08:14:17","date_gmt":"2025-12-12T08:14:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/441961\/"},"modified":"2025-12-12T08:14:17","modified_gmt":"2025-12-12T08:14:17","slug":"chinas-food-security-push-to-slash-soy-imports-by-two-thirds-in-a-decade-goldman-sachs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/441961\/","title":{"rendered":"China\u2019s food-security push to slash soy imports by two-thirds in a decade: Goldman Sachs"},"content":{"rendered":"<p>China is on track to slash its reliance on imported soybeans to less than 30 per cent within a decade, from the current 90 per cent, research from Goldman Sachs suggests, as <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/policy\/article\/3336076\/china-stresses-domestic-demand-after-closely-watched-economic-conference?module=top_story&amp;pgtype=homepage?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Beijing accelerates efforts to shore up self-sufficiency<\/a> \u2013 including inoculating its food supply against trade shocks.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Demand-management strategies for the crop \u2013 a vital source of cooking oil and animal feed, as well as a key commodity at the centre of Beijing\u2019s trade relations with Washington \u2013 reduced annual consumption by 15 million tonnes between 2021 and 2024, the investment bank\u2019s analysts, led by Trina Chen, said in a note on Tuesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The push, initiated during the first US-China trade war, \u201chas been paramount in mitigating barriers and uncertainties\u201d in trade with the US and South America, the analysts said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">On Thursday, Beijing amplified vows to bolster China\u2019s economy, primarily on the back of domestic demand, and build a robust domestic market to counter external challenges. The commitments came after a high-level annual meeting that set the tone for 2026\u2019s economic policy.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China, the world\u2019s top food consumer, could deepen import cuts, the analysts said. Those could come after recent pledges to Washington.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">According to a White House fact sheet, Beijing agreed to purchase a stable, large volume of US soybeans over the next three years, following a presidential meeting in late October.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">To curb demand, China has lowered soybean content in animal feed, improved feed-conversion efficiency, and optimised protein mixes.<\/p>\n","protected":false},"excerpt":{"rendered":"China is on track to slash its reliance on imported soybeans to less than 30 per cent within&hellip;\n","protected":false},"author":3,"featured_media":441962,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[9710,64,74,203789,79963,79,18874,862,4217,203790,43742,203788,203787,67,132,68,26756,2058,5223],"class_list":{"0":"post-441961","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-business","10":"tag-china","11":"tag-cooking-oil","12":"tag-domestic-demand","13":"tag-economy","14":"tag-food-security","15":"tag-goldman-sachs","16":"tag-south-america","17":"tag-soybean-strategy","18":"tag-soybeans","19":"tag-trade-shocks","20":"tag-trina-chen","21":"tag-united-states","22":"tag-unitedstates","23":"tag-us","24":"tag-us-china-trade-war","25":"tag-washington","26":"tag-white-house"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115705601468313419","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/441961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=441961"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/441961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/441962"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=441961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=441961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=441961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}