Diamond Member Pelican Press 0 Posted July 17, 2024 Diamond Member Share Posted July 17, 2024 This is the hidden content, please Sign In or Sign Up China looks to South ******** food exports as way of reducing reliance on US and Australia For decades, This is the hidden content, please Sign In or Sign Up has been China’s top source for metals such as gold, diamonds and platinum but now Beijing is opening up to more agricultural exports as it moves to reduce its dependency on countries such as the ******* States and Australia. The This is the hidden content, please Sign In or Sign Up told local media that Beijing was implementing measures to fast-track food exports “This year, we are working hard with the South ******** side towards signing export protocols for yet more South ******** goods, including wool, dairy products, **** food, and wild aquatic products,” Wu told IOL News. Do you have questions about the biggest topics and trends from around the world? Get the answers with This is the hidden content, please Sign In or Sign Up , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. “The ******** government is committed to advancing high-level opening-up. We are ready to share our mega-sized market with all countries, including South *******.” South ******* has been China’s largest trading partner in ******* for 14 consecutive years, and in the first half of this year, the value of that trade hit US$27.5 billion, according to China’s General Administration of Customs. In the same *******, imports from South ******* rose by 10.7 per cent to US$17.29 billion year on year, but ******** exports to the ******** nation dropped by 18.6 per cent in that ******* to US$10.2 billion. South *******’s exports to China are predominantly minerals or metals, but more recently it has started buying products such as soybeans, wine, rooibos tea, aloe gel and citrus fruits. And later this year, South ******* is expected to This is the hidden content, please Sign In or Sign Up after the two countries signed a deal at the Brics Summit in Johannesburg last year. Derek Donkin, chief executive of the South ******** Subtropical Growers’ Association, said ******** inspectors were coming to South ******* this month for a final inspection before exports could start. “We hope to be able to send the first shipment soon after that if the inspection goes well,” Donkin said. South ******* will become the third ******** country after Kenya and Tanzania to export avocados to China. Wu said some South ******** agricultural products, including wine, rooibos tea and aloe gel, were already very popular in China. data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== China plans to help ******** countries boost productivity to increase rural incomes. Photo: Bloomberg alt=China plans to help ******** countries boost productivity to increase rural incomes. Photo: Bloomberg> Story continues Wandile Sihlobo, chief economist at the Agricultural Business Chamber of South *******, said there had been increased exports of wool to China although some export markets temporarily closed due to concerns related to foot and mouth ******** in 2022 and 2023. “The impact of those temporary closures is visible on export volumes of wool. In 2022, South *******’s wool exports fell by 19 per cent year-on-year to 42 239 tonnes. The major decline in volume was in the ******** market,” Sihlobo said, adding that exports recovered 18 per cent year on year in 2023. Lauren Johnston, an associate professor at the University of Sydney’s China Studies Centre, said the initial focus was expected to be on increasing exports of products for which there is demand, such as chillies, nuts, avocados and citrus fruits. It also wants to help ******** countries improve productivity to help boost rural incomes, employment and food security. Johnston also said that Beijing wanted to increase trade with ******** countries to reduce its dependence on countries such as the US and Australia – particularly for products such as soybeans. China has the world’s largest number of pigs and soybeans are a vital source of food for the animals. Johnston noted that the price of pork was “typically the key political or social protest risk metric in China”. She also said China would benefit by importing products such as wool and **** food from South ******* because it would free up arable land for use at home. “Anything that reduces pressure on China’s arable land and agricultural productivity without creating or deepening trade dependencies is good for China,” Johnston said. This article originally appeared in the This is the hidden content, please Sign In or Sign Up , the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the This is the hidden content, please Sign In or Sign Up or visit the SCMP’s This is the hidden content, please Sign In or Sign Up and This is the hidden content, please Sign In or Sign Up pages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved. This is the hidden content, please Sign In or Sign Up #China #South #******** #food #exports #reducing #reliance #Australia This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/68520-china-looks-to-south-african-food-exports-as-way-of-reducing-reliance-on-us-and-australia/ Share on other sites More sharing options...
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