China’s Exports Outpaced Imports During WTO Year One
By Fred Gale and James Hansen
Outlook Report No. (FAU7902) ,
August 2003
China became a larger net exporter of agricultural products during calendar year 2002, its first year as a member of the World Trade Organization. Exports of vegetables, fruit, and corn rose by a combined $1 billion. Imports of soybeans were interrupted by uncertainty over China’s biotechnology regulations. Grain imports were minimal, due to high world prices. China is emerging as a significant importer of consumer-oriented food products.
Keywords: International trade, agriculture, policy, China, imports, exports, WTO, statistics, soybeans, vegetables, corn, cotton, tariff rate quota
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