“Why is Guangxi’s fruit so cheap?”: Trending hashtag on Chinese social media
As summer approaches in China, Guangxi province is seeing a surge in fruit variety at low prices. In fact, fruits in Guangxi are so cheap that people can easily purchase 2.5 kg of nectarine (油桃) for 10 RMB ($1.40) or three watermelons for only 5 RMB ($0.70). On Chinese social media Weibo, netizens have been […]
Stabilizing China’s agriculture: The agriculture insurance market in China
Overview of the agriculture insurance market in China Agriculture insurance in China belongs to the non-life insurance market. It is usually purchased by agricultural producers to protect loss of or damage to their crops or livestock, against natural disaster and other uncertainties that would eventually effect the prices of agricultural commodities. China’s agricultural insurance market […]
How will China’s soy bean market fair under trade war pressure?
Despite Harvest Pressures and Global Trade Tensions – The Demand for Soybean in China Remains on a Steep Uptrend In recent years, the Chinese government has initiated measures in reforming its agricultural sector by implementing new grain policies. As a result of this endeavor, the soybean market along with alternative grains and oils such as […]
Market research: China agribusiness
In the 21th century, with the rapid development of China’s economy, Chinese agribusiness has also achieved remarkable growth. The government issued a series of industry-supporting policies for the development of Chinese agriculture that made good use of China’s technology, human resource, product and administration advantages. Ever since joining the World Trade Organization(WTO), China has increased […]