Prepare for ‘China shock 3.0’ to the global food economy

Source: China – South China Morning PostEven as “China shock 2.0” is roiling Western manufacturers, we must, it seems, brace for “China shock 3.0” – to the global food economy – as President Xi Jinping doubles down on the imperative that has obsessed Beijing for decades: food security.
“China’s Food Future”, a consultation paper by Systemiq funded by the California-based Gordon and Betty Moore Foundation, warns that China is poised to “reshape global agricultural commodity supply chains”.
It suggests China is set to apply to…Read More

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