China Economic ReviewA Chinese foreign trade ministry official said that Japan's strict new inspection rules for imports of frozen spinach from China were seriously impairing the development of bilateral trade, Reuters reported. The ministry claims that frozen spinach exports to Japan had fallen from 900 tonnes a week in the first half of the year to zero […]
At the end of August, the Cotton and Jute Bureau revised its forecast of China's total cotton crop this year to 4.5m tonnes, Reuters reported. This new forecast was 15.4 per cent less than 2001's record crop of 5.32m tonnes and 200,000 tonnes less than the 4.7m forecast earlier in the month. The bureau said […]
China's international trade of farm products produced a surplus of US$2.99bn in the first half of 2002, according to Agriculture Ministry figures. Exports totalled US$8.06bn, a year-on-year rise of around 6 per cent, while imports fell by 8.5 per cent compared with the same period last year, to US$5.07bn. The rise in exports was explained […]
Summer grain output in 2002 totalled 98.75m tones, 2.9 per cent less than in 2001, Reuters reported. The decline was caused by drought in the early part of the year, followed by heavy rain in May. The summer harvest contributes 20 to 25 per cent of China's total annual output and the fall could lead […]
Allen Johnson, the US's chief agricultural trade negotiator, has raised complaints from the American farm industry with Chinese officials that China was exporting farm produce at prices below the estimated cost of production, the Financial Times said. The immediate concern was China's sale of 3m tonnes of maize to South Korea earlier this year, but […]