You are here

America's GMO firms face China hurdle

Chinese consumer wariness over GMO safety has risen of late, and at the same time, Chinese regulatory approvals have ground to a near halt

BT_20141103_GMO3_1348191.jpg
US corn and soyabean farmers have largely embraced the genetically modified specialty crops that can tolerate treatments of herbicide and fight off harmful pests. But reluctance by China to approve some types of genetically engineered US grain is a significant problem for the entire US agricultural sector.

Kansas City, Missouri

WITH US approval for Dow AgroSciences' package of chemicals and new genetically engineered crops now in hand, the Dow Chemical Co unit faces a major obstacle to a US$1 billion market opportunity: Chinese import barriers.

The Asian nation has become a major

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom