U.S.-CHINA AGRICULTURAL TRADE: CONSTRAINTS AND POTENTIAL

China's agricultural trade expanded rapidly following economic reforms and the open-door policy adopted in the late 1970s. The composition of agricultural trade with China follows its labor-abundant and land-scarce resource endowment with imports of bulk and processed intermediates and exports of consumer-ready and processed goods. Constraints on U.S.-China agricultural trade include tariffs, state trading, food security policies, and other nontariff barriers. Growth potential is based on China's fundamental demand forces including the world's largest population, a high real-income growth rate, an emerging urban middle class, and further trade reforms to be implemented through accession to the World Trade Organization.


Issue Date:
1998-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15092
Published in:
Journal of Agricultural and Applied Economics, Volume 30, Number 1
Page range:
113-126
Total Pages:
14




 Record created 2017-04-01, last modified 2017-08-23

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