Argentine companies expect to grow in China

Argentine agricultural companies in China are expressing confidence about their ability to expand their presence and have more sales in the world's second-largest economy.

"China has great potential for our business and we are looking forward to selling more processed food and farm products to China," said Rafael Paz, head of Aceitera General Deheza SA's trading department, an agribusiness company in Argentina.

Aceitera General Deheza, which is among the companies that crush the largest amounts of soybeans in Argentina, said it now goes through trading companies to sell soy oil to China. Paz said he believes diversifying China's imports from Argentina will be the best way to develop trade between the two countries.