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China in the meantime will follow the situation closely and be prepared for future change, he said.
China has vowed to keep its prudent monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level in 2019.
China is one of Fonterra's largest global markets, accounting for NZ.4 billion (.47 billion) of Fonterra's sales revenue and a normalized earnings contribution of greater than NZ0 million in fiscal year 2017. Its business in China includes ingredients, food services, farms and the partnership with Beingmate.
China is still a developing country. Despite our large economy, the per capita GDP is ranked below 70th place in the world. China’s development remains unbalanced and inadequate with significant disparities between different regions and between urban and rural areas. In many places, transportation, energy, utilities and other types of infrastructure remain underdeveloped. In rural areas, over 30 million people still live in poverty with an average annual income of less than 3,000 RMB yuan. But every coin has two sides. The upside of the disparities is that they also represent big space for development. With a huge market of more than 1.3 billion people, China has vast potential, great resilience and broad space for maneuver in coping with changes in the global environment. Its economy is fully capable of sustaining sound growth.
China is the US' top destination for agricultural products. On soybeans alone, China imported 31 percent of US production in 2017 last year, equal to 60 percent of total US exports and nearly 1 in every 3 rows of harvested beans in the country, according to American Soybean Association statistics.
来源：资阳报