Chinese company ships first bulk cargo of Argentine wheat as agricultural ties with Latin America deepen

A Chinese analyst said that the shipment was emblematic of a broader expansion in agricultural cooperation between China and Latin America. Zhou Zhiwei, an expert on Latin American studies at the Chinese Academy of Social Sciences, told the Global Times on Sunday that agricultural collaboration is one of the main pillars of China-South America engagement and is largely market-driven by the factors of supply and demand. He noted that wheat is one of Argentina’s major crops, with high production capacity, and access to the Chinese market can promote local economic development. The shipment is being operated by Chinese state-owned agribusiness COFCO International. The cargo will be used by the milling industry, the company said. Minister of Productive Development of Santa Fe Province Gustavo Puccini said that the voyage is a “key milestone” in bilateral economic relations. This is not just a vessel sailing to China. It reflects efficient coordination between our teams and will ...