China has only 10% of the world's arable land yet produces a quarter of the global grain output and leads the planet in the production of cereals, cotton, fruit, vegetables, meat, poultry, eggs, and fishery products, according to FAO. [0]
China is more than 100% self sufficient on essential food (rice and other grains). China does import a large amount of soybean for fodder. If anything, I think Chinese eat too much nowadys and become as wasteful in food as Americans. When I visit China, I don't like the fact that many families have pets (dog, cat, and etc) just like here in US.
I would encourage commenters here to pay a visit to China to see what's happening there with their own eyes. Most commenters never visit China and make some bold comments based on distorted information from MSM. A couple of months ago, I visited my hometown in China, located in one of the poorest regions of the country, and I witnessed how vibrant the local economy is. I attended a Big Data Expo held there, and I was shocked by how deep Big Data and AI are integrated in everyday life and industry over there. I think it's beneficial to know the facts in seeking truth.
I believe the real reason why China is no longer the largest holder is that, China SPENDS tons of dollars she earns/holds on one-belt-one-road projects. US and western countries are super unhappy about that, as China effectively de-weaponize dollars. China is supposed to earn/hold US paper money and never to spend it. Just my 2cents.
Isn't Chinese Yuan depreciation caused by Trump's relentless tariff, just like Mexican Peso's depreciation when Trump threatened tariff early this year?
I'm confused who is manipulating the market & currency.
China is more than 100% self sufficient on essential food (rice and other grains). China does import a large amount of soybean for fodder. If anything, I think Chinese eat too much nowadys and become as wasteful in food as Americans. When I visit China, I don't like the fact that many families have pets (dog, cat, and etc) just like here in US.
[0]https://www.fao.org/china/fao-in-china/china-at-a-glance/en