Exports & Trading
China's Growing Middle Class Creates Opportunity for Bulk Exports
The dramatic growth of China's emerging middle class has created significant speculation about its potential as a market for U.S. agricultural exports. With 20 percent of the world's population and less than 10 percent of its arable land and water resources, China has become increasingly reliant on imports to feed its burgeoning population, despite public pronouncements of its intention to be self-sufficient in food production.
In fewer than 20 years, the Chinese middle class has grown from...
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