China Pig Feed King Says U.S. Trade War Will Hurt

The man who runs China’s biggest consumer of American soybeans said he hopes his country will avoid a clash with the U.S. over trade, though his firm can line up alternative suppliers if necessary.

“We hope that China and the U.S. will not have a trade war, which is also in line with the interests of business and people in both countries,” Liu Yonghao, founder of New Hope Group, one of China’s largest pig feed companies, told reporters Saturday ahead of National People’s Congress meetings in Beijing. “Any trade war will have an impact on our business.”