China Economic Review
In its search for ‘rural revitalization’ China is developing its self-reliance, further distancing its economic needs from the rest of the world By Patrick Body Pledging to increase ‘rural revitalization’, China has placed greater emphasis on food security and self-reliance in its annual blueprint for rural policies. The blueprint specifically discusses issues such as tackling bottlenecks in […]
The Chinese economy continues to do remarkably well given the state of 2020, but then the US economy is not doing badly either, amazingly. The final result of the pandemic on the various economies of the world is not yet decided. The government has now formally announced that the goal of ending poverty has been […]
Dry weather and government stockpiling have pushed soyabean prices to a four-year high, as a broad rebound in agricultural commodities creates unease about inflation, reported the Financial Times. Grains and soyabeans have been rising steadily since the middle of the year, buoyed by governments shoring up their reserves in anticipation of disruption from the second […]
China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources told Reuters, all but closing the door on a trade worth about A$1.5 billion ($1.05 billion) in 2018. The rejection comes after Australia sought a formal review over duties totalling 80.5% that China imposed this year, citing as grounds subsidies […]
China has substantially increased purchases of US farm goods and implemented 50 of 57 technical commitments aimed at lowering structural barriers to US imports since the two nations signed a trade deal in January, the US government said on Friday, reported Reuters. In a joint statement, the US Trade Representative’s (USTR) office and the US […]