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"CCC loans the farmer money with the (soybean) crop as collateral. The farmer can then default on the loan, and the CCC gets the crop. But this is uncertain and adds unnecessary complications to the farm bill discussions as well," he said.

"China is now a fascinating place for foreign investors. I've seen China become much more open toward foreign direct investment," said Khaldoon Khalifa Al Mubarak, group CEO and managing director of the Mubadala Investment Company.

"By the way, there is no country more Nationalist than France, very proud people-and rightfully so!" he added.

"China has a track record of 'underpromising and overperforming' on its climate pledges, but the fact that this pledge was made by President Xi Jinping himself sends a strong signal to everybody in China that climate is a top priority and to the rest of the world," Finamore told participants in the event, organized by the US Heartland China Association, on Wednesday.

"But not all have already or are projected to recover by next year. China is the only major economy that has recovered already to pre-pandemic output levels, thus its 8 percent growth rate will look high due to the low base this year," she said.