Peanuts Trade Policy in China and Canada by Ding Yong Qin

Abstract

Peanuts are one of the most important oilseeds crops and snack foods in the world Agro-food trade market. With China emerging as a new peanut exporter since the early 1980s, the predominant role of peanut exports of USA has been substituted by China. China has been a leading exporter in the world peanuts share. This research paper analyzes the basic facts in Chinese peanuts, the comparatitive advantage ,import and export policies and WTO influence on Chinese trade policy. Meanwhile the author also describes the international trade policy in Canada, especially in peanuts. The world is moving away from self-contained national economies toward an interdependent, integrated global economic system [1].But many countries still use some protectionist trade policies to intervene and protect domestic interests of some political groups. From this paper, you can find some trade barriers in China and Canada. So a fair and virtual free trade in the global market still have a long march ahead. Finally I will thank Dr.Ali to give me this opportunity and push me to sit down and review the peanuts past and present situation in China and Canada. It is helpful to me to open my eye and look around the macro peanuts business. This paper is the summary of my past 8 years experience in the field of peanuts business. I just want to share my ideas to everyone, who is interested in doing the peanuts business in China and Canada. Hope it will be potential worthful and helpful. Wish you enjoy it and give your valuable comments.
Peanuts in this report include peanut kernels, peanuts with shell, peanut butter, peanut oil, peanut meal (as feed additives),all processed peanuts used in snack and candy industries.
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