PRC grain imports fell to some 23 million tonnes in Q1. Yet while the drop in imports made for hopeful headlines and purring commentary, the landscape beyond becomes more complex. Margins failed to bounce back, domestic prices barely moved—in the case of soybeans, reserves were released to cool prices for processors facing tariff-driven spikes—and much-touted state support lags stubbornly behind actual production costs.
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food & agriculture
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01 May 2025
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Ren Zepingmacroeconomist and Vice President of the China Private Economy Research Association, Chief Economist at Zhongyuan Bank YuWa Population Research
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Tu XinquanUIBE (University of International Business and Economics) WTO Research Institute director
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