China is weaning itself from USA and EU agricultural products. China has
found alternative supplies from Russia and Brazil, among others.
Food
security is one area that the USA may try to weaponize and China knew
that all along. That is why China is attempting to be relatively less
dependent on imports from USA and EU and concentrating on producing more
food domestically. China is relentlessly reclaiming deserts to grow
food, an area that no other country has done on such scale. China is
building artificial canals for water diversion to barren areas for
growing food, which no other country has done on such scale too.
China
is developing aquaculture for fish breeding in the Bohai Sea with
massive structures, even using large unused ships to provide fish tanks
to rear fish in the sea. These are to supplement the imports that it
currently is doing. Which is why China can survive after cutting off
Japanese seafood earlier due to the Fukushima wastewater scandal.
When
China wants to do away with importing USA and EU sourced foodstuffs, it
is going to make life really miserable for farmers in the USA and EU.
Russia and Brazil are laughing all the way to the bank with China as
their biggest export market for agricultural products. China is killing
two birds with one stone - on the one hand giving BRICS countries all
the benefits rather than benefitting those that are out to destroy
China, and secondly to preserve China's food security, the next
weaponization usage against China to come.
Anonymous
De-coupling from the USA is good for China. Coupling with BRICS countries is just as good for China. All that fear mongering about the consequence of China decoupling from the USA is all hogwashes. Just look at how dependent China is on the USA and vice versa and you will understand who is going to suffer the consequences.
ReplyDeleteIf you are still not convinced, looking at the trade surpluses chalked up by China consistently, will tell us who is still importing more from whom. China is importing less from USA, in other words less dependent on the USA than the other way round. Can there be a different way to interpret the situation. Under the 'Rules Based Order' definition maybe.
China is exporting its deflation, and it is good that it decouples from USA. We in this part of the world can benefit from even cheaper Chinese products. Go China, go.
ReplyDelete