Thursday, June 11, 2015

Set 'em up, Zhou

China hasn't quite gotten the 'market', just yet;
Cheng Guoqiang, a researcher with the Development Research Center of the State Council says: “If China wants its agriculture to stand out in the world, a global strategy will be required, which needs to coordinate domestic and foreign markets and resources. The One Belt and One Road initiative is a great chance to enhance China’s overseas investment, reshape the international rules on agriculture, and safeguard the stability of international markets. ”
Though China has been open to exporting and importing for a couple decades at least.
According to statistics from 2014, the total import value of China’s agricultural products from the countries along the Belt and Road is 22.8 billion U.S. dollars, comprising 19 percent of China's total agricultural imports. The value of exports to the countries along the Belt and Road is 21 billion U.S. dollars, making up 29 percent of China’s agricultural exports.
So naturally the Chinese bureaucrats want to interfere with what already works.

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