Chinese delegation buys 12.5 million tons of US soybeans

Global Business

China is the world’s fourth largest producer of soybeans, but it does not produce enough to meet domestic demand. A delegation from China is in Iowa, where it’s signed a deal for the second biggest soybean purchase ever from the United States.
The $5 billion agreement is part of a 100-day trade plan between the two countries.

CGTN Hendrik Sybrandy reports.