BOOMING CHINA TO BECOME INCREASINGLY IMPORTANT FOOD EXPORT MARKET

BY KEITH NUTHALL

A EUROPEAN Commission report has highlighted how China is expected to become an increasingly huge export market for food producers, already (in 2006) having a US$6.1 billion agricultural trade deficit.
With "imports are expected to grow faster than exports", this deficit (which includes non-food fibre crops) "is expected to grow over the next 10 years" financed by its huge trade surplus in manufactured non-food goods. The report highlights the food sectors likely to grow as export markets: "China is ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.