China: Out of the Dragon’s Den?

China is one of the fastest growing economies today and is the third largest trader after the EU and the US. The focus of this MAP is on trade, which has been one of the key drivers of economic growth since China joined the WTO in 2001. It has been a net importer of agricultural products since 2003 and is the biggest importer of several key commodities, including soybeans and edible oils. Increases in income and urbanization, leading to increased feed and food demand, mean that China's impact on world agricultural markets can only become stronger.

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