Iowa expects sound trade relationship with China
China Daily | Updated: 2017-03-31 07:13
CHICAGO - Maintaining a good and normal trade relationship between China and the United States will benefit both countries, Iowa officials have told Xinhua in an exclusive interview.
"It's clearly a two-way trade. From an agriculture perspective, China is important to us," said Kirk Leeds, chief executive officer of Iowa Soybean Association.
Iowa, a major agricultural state located in the US Mid-west, is the second-largest soybean producer among US states in 2016, and exports 60 percent of its soybean production, while China buys about 50 to 60 percent of the world's soybean exports, undoubtedly the largest customer on the world's soybean market.
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