You are here: Home » Reuters » News
Business Standard

Insight: China's COFCO makes painful cuts in drive to lead global food trade


By Jonathan Saul, Gus Trompiz and Hallie GuLONDON/PARIS/BEIJING (Reuters) - China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders.But doubts persist among some in the industry over whether the trading firm will really challenge the existing four dominant players in grains, oilseeds and sugar. In the end, they suspect, it may prioritise securing strategic food supplies for China over commercial aims in an era of rising trade tensions.State-owned conglomerate China National ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, January 13 2018. 09:23 IST