News Snapshot:
6 horas Photo: Government of China. China has faced various constraints in the local food supply, according to a US government report. Despite the political importance Beijing attaches to self-sufficiency, its dependence on agricultural imports is increasing, making it increasingly vulnerable to volatility in world prices and supply. In 2019, China became the world’s largest food importer, with purchases worth a total of $ 133.1 billion in food, consisting mainly of land-intensive crops such as soybeans and corn. Most of China’s grain commodity imports, such as soybeans, are used as animal feed for China’s domestic meat industry. China’s top agricultural...
