China Curbs Ambitions to Challenge World’s Top Grain Traders

Anyone seeking signs of shrinking Chinese ambitions in world agriculture markets need look no further than the inaugural speech of Jingtao Chi, tapped to run the global trading unit of the nation’s biggest food company. While Chi, 53, vowed to serve clients both in China and globally during a live video beamed to Cofco International Ltd. offices from Kiev to Connecticut and Sao Paulo, he did so through an English interpreter.