China wants to import 30 million tons of agricultural goods to secure supplies

China is preparing to buy more than 30 million tons of staple foods to add to the state reserve. You want to protect yourself if the supply chains in the corona pandemic break down. This was brought to the Reuters news service today by three reliable sources close to the Chinese government.
According to this, China wants to import around 10 million tons of soybeans and 20 million tons of corn and 1 million tons of cotton and store them in intervention centers.
The majority of the imports are to come from the USA and the “Phase 1” contract is to be fulfilled. The bilateral trade agreement was signed on January 15, 2020. Now that prices are very low, it's a good time to import.