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Myron Brilliant, an executive vice president for the U.S. Chamber of Commerce, says China may announce the approval of seven biotech crop traits this week during a state visit by Chinese President Xi Jinping. And if he’s right, U.S. companies and farmers will have a lot to be happy about. The cotton, four soybean and two corn varieties that have been languishing in China’s approval process for up to four years represent some of the biotech industry’s recent blockbusters.
But what farm groups want most of all is a pledge from China that it will make structural changes to its process and speed up approvals. China is the only major commodity-importing country that will not begin its own biotech approval process until after another country has already finished, adding years of delay.
Read full, original post: GMO Corn, Soy and Cotton Await China’s Approval
