Thursday, October 22, 2015

China's Food Imports From Latin America

The Chinese state media has an article about how Chinese expertise can help diversify Latin American exports. The problem is that its suggested solution is to help Latin America produce more food for the Chinese to consume, which is in fact the opposite of diversifying exports.

With China likely to double its food imports by 2020, sharing its agricultural technology with Latin America may be a good idea. 

A good idea for China. yes. A good idea for Latin American diversification, no. It basically is a proposal to keep Latin America producing the exact same things it's been producing for many years, but now simply to export more to China.

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