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ChatGPT | China is threatening EU agriculture. Should farmers squeal? , 11 June illustrated paronomasia
Pork and dairy are first at the plate, according to the state-owned Global Times. Over the last two weeks, it has reported that the Chinese government is considering anti-dumping probes into imports of both foods, which in 2023 accounted for nearly €5 billion—a quarter [25%] of EU agri-food exports to the Asian giant and 2 percent of total exports.
volume or value?
Cheaper Brazilian and U.S. protein is already cutting into Europe's margins, complained [Belgian Meat Office manager Joris] Coenen, and EU producers can't easily redirect volume to emerging markets like Viet Nam and the Philippines. Duties are currently 12 percent. Hoist them to 20 percent and exporters are in trouble.

But context is important too. Only a tenth [10%] of Europe's pork leaves the bloc, of which less than half [< 5%] goes to China.

In threatening higher pork duties, Beijing is also "piggybacking": trying to profit from a step they might take anyway due to domestic oversupply, said Jacob Gunter, lead analyst on economy for the Mercator Institute for China Studies (MERICS).
Beijing is already looking to finalize its near-complete self-sufficiency in grains, with its first "food security law" taking effect last week. The strategy "puts China first" by importing moderately and using scientific and technological advances to boost output [yield].
Spotlight on the top five EU agri-food exports to China over the past 5 years, in value in euros. Details of the product categories can be found here.
First question: Which EU states cultivate coffee, tea, cocoa, and "spices"? Second question: What are inedible agri-foods?
by Cat on Tue Jun 11th, 2024 at 03:00:50 PM EST
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