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Profits is the wrong way to think about it. Bales of dollar bills are not actually useful to China. China was buying US crops to limit the degree to witch they were shipping the US stuff and getting numbers in a computer in return.
by Thomas on Sat Aug 24th, 2019 at 08:29:58 PM EST
Exactly. China was doing the USA a courtesy by recycling trade dollars. It was also beneficial to them. But it was something they could forego. And China had bought more than they needed in previous years and just stock piled the soy. Perhaps they were also prescient.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Aug 25th, 2019 at 03:10:53 AM EST
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