Why China’s economic slump might spare agricultural exports


Source: vancouverisawesome.com vancouverisawesome.com

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'We’re seeing much slower growth than we’re used to seeing in China,' says economist China’s slumping economy is not a big cause of concern for exporters of Canadian agricultural products despite the significance of that market, says an economist. It is Canada’s second largest agricultural market behind the United States. Sales to China have steadily climbed, except for a three-year period between 2019 and 2022 when shipments of canola were disrupted by a political spat. So, it is worrisome to hear reports about an economic slowdown in China. “We’re seeing much slower growth than we’re used to seeing in China,”...