Rising demand for meat and resource constraints are pushing China to look overseas. At the same time, China's food security continues to be haunted by food safety scandals - from melamine-laced milk to adulterated meat. These issues are opening up new opportunities for U.S.-China business.
(For full-size image, please right click and open picture in new tab.)
China faces a dilemma. It is home to 20 percent of the world’s population but only seven percent of the world’s water resources and . At the same time, a rising middle class is demanding more food. Over the last 30 years, China’s .
In 2004, China became a net food importer for the first time
These dynamics are pushing China to look overseas to feed growing appetites. In 2004, it for the first time.
The United States has a with China when it comes to agricultural products and that surplus has grown considerably over the last decade. In 2013, the United States exported $28.8 billion worth of agricultural products to China, while importing $10.5 billion. China is now the for U.S. agricultural exports overall. Almost half of these exports are soybeans, .
In the other direction, U.S. food imports from China have also ramped up over the last decade. Nearly 8 out of 10 tilapia sold in the United States come from China, 70 percent of the apple juice, and half the cod.
China’s growing demand for food is opening up new opportunities for U.S. agriculture and strengthening already strong trade ties.
China’s global footprint isn’t just an economic one, it’s an environmental one. From BRI investments in Africa and Asia to its growing presence in Latin America, understanding China’s motivations, who stands to gain - and who stands to lose - is critical to informing smart US foreign policy.
Read more