China manufacturing exports (the cashflow of their economy) is heavily dependent on global consumer spend. With close to 20% of the us workforce filing for unemployment how are they going to be strong in this? navigated GFC by lowballing exising manufacturers in the developed world.
IMHO the majority of economy data which comes out is what the party wants it to be...
China is facing a major food shortage this year due to floods in central China along the Yangtze river which is China's rice bowl. Also a risk they keep spreading north and affect corn and wheat production.
Sad for the people affected. Lucky China has friends like the US and NZ who can export it food.
China is facing a major food shortage this year due to floods in central China along the Yangtze river which is China's rice bowl. Also a risk they keep spreading north and affect corn and wheat production.
Sad for the people affected. Lucky China has friends like the US and NZ who can export it food.
Pity NZ doesn't grow more Rice & Soy. Food diplomacy would go a long way right now in calming the level of aggression between China & the US?
All science is either Physics or stamp collecting - Ernest Rutherford
Pity NZ doesn't grow more Rice & Soy. Food diplomacy would go a long way right now in calming the level of aggression between China & the US?
Not directly but most of China's corn and soy is used to feed chickens and especially pigs which were decimated last year by swine flu and are only just recovering. NZ meat exporters have done well as replacement protein and can expect to continue to do so.
QEX heavily relied on Daigou channel, specialized in infant formula and healthy products. Actually after 2017, volume of small parcels through Daigou market increases but profitability decreases.
The recent increase in trade between NZ and China focus on dairy, meet, timber and fruit, so Mainfreight would be beneficial, rather than QEX.
QEX heavily relied on Daigou channel, specialized in infant formula and healthy products. Actually after 2017, volume of small parcels through Daigou market increases but profitability decreases.
The recent increase in trade between NZ and China focus on dairy, meet, timber and fruit, so Mainfreight would be beneficial, rather than QEX.
ATM? I’m wary of any of the ‘five eyes’ trade with China. The posturing could turn into a trade based reconciliation recovery, or war. The later I’m concerned about at this stage, we are weak and dependent on China’s benevolence for trade but also the five eyes benevolence for their protection. Awkward
china has reserves that its digging into for agricultural production, dont know how long they will last but china needs to be in growth for the rest of the world to get through the next 12 months. Second waves will hit europe and the US.
Originally Posted by ynot
Reply With Quote
Bookmarks