The Belt And Road Initiative: Chinese Agribusiness Going Global


China can also be an enormous importer of soybeans, dairy, oilseeds, sugar and cereals. Its meat and dairy imports are surging, propelled partially by trade agreements with Australia and New Zealand. Given its reliance on the US for about 20% of its meals imports, the new "trade war" launched by President Donald Trump in opposition to China has put pressure on Beijing to search out new sources of food and livestock feed.

Photo: Twin Stone Pagodas at Kaiyuan Temple in Quanzhou of Fujian Province. BEIJING, Oct. 10 (Xinhua) -- Quanzhou City, situated in southeast China's Fujian Province, has been striving to promote the construction of the pilot zone of the 21st Century Maritime Silk Road below the country's Belt and Road Initiative.

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The belt focuses on bringing together China, Central Asia, Russia and Europe; linking China with the Persian Gulf and the Mediterranean Sea by Central Asia and West Asia; and connecting China with Southeast Asia, South Asia and the Indian Ocean. The road is designed to go from China's coast to Europe by means of the South China Sea and the Indian Ocean in a single route, and from China's coast by means of the South China Sea to the South Pacific in the opposite. The scope of the BRI remains to be taking shape. China welcomes the lively participation of all countries and worldwide and regional organizations within the Initiative.