Representatives from the U.S. and China met Tuesday in Washington D.C. for another round of trade negotiation talks, making positive headway for both nations.
There’s a lot of change going on in China. By 2020, President Xi Jinping has not only promised to transition all vehicles in China to using ethanol, but that is the benchmark date to end poverty in the world’s second-largest global economy.
Feeding that population might come as a tough task. According to Sue Martin, president and founder of Ag & Investment Services, Inc., 36 percent of the population is in poverty, and it will impact the U.S.
“The one thing China wants the very least to happen is the fact that food becomes tight, supplies are scarce,” she said on AgDay. “They’re looking ahead.”
Hear Martin’s full thoughts on why she has a bullish outlook on China on AgDay above.