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I think China may step up here, as it is a great opportunity to promote their One Belt, One Road Initiative. And they will be one of the countries with excess w
by stubish 5y ago
I think China may step up here, as it is a great opportunity to promote their One Belt, One Road Initiative. And they will be one of the countries with excess wheat to sell. And it will make Australia look stupid if they have wheat but no boats and no signature on the agreement.
- pempem 5y agoAnother step up opportunity for China would definitely be problematic for the US
- 8note 5y agoProblem for US hegemony. For the US, its likely a net benefit in that in buying cheap Chinese wheat, those consumers will be more able to afford expensive american ones
- pempem 5y agoAgreed, and that cheap chinese wheat would be a massive problem for US hegemony on which many, many things in the US and adjacent economies rest.