ABSTRACT

This chapter addresses questions related to the economic behavior of China’s agricultural trade. Specifically, have China’s agricultural imports and exports simply resulted from the domestic short-term shortages or surpluses of various agricultural products? Or has China engaged in agricultural trade according to its comparative advantages in agricultural production as reflected by the differences between domestic and world prices of its agricultural products? To what extent is China’s agricultural sector responding to the world market situation of agricultural commodities? To answer these questions, it is essential to analyze the factors affecting China’s agricultural exports and imports.