SSRN Electronic Journal · 2015 · 14 citations · 0 references
Open access
AgricultureAgricultural EconomicsEconomicsAgricultural TradeInternational EconomicsInternational TradeAgricultural Export MarketsAgricultural Import MarketsAgricultural MarketsImport CompetitionInternational Commodity TradeTrade LiberalizationAgricultural Import PolicyAgricultural Trade FlowsAgricultural Trading SystemsCommodity Trade PatternsCross-border Agricultural TradeProjectionsVolatilityWorld Trade Organization Agriculture
This report examines China’s recent emergence as a major agricultural importer and its implications for global markets. It analyzes trade patterns employing U.S. and Chinese trade statistics, summarizes alternative projections of future imports, and discusses how Chinese officials are adjusting their strategic approach to agricultural trade as imports grow. A strong agricultural trading partnership has developed between China and the United States that is likely to persist into the future. However, Chinese interventions to preserve self-reliance create volatility and uncertainty that can disrupt markets.