The US Will Have to Feed China
Lester R. Brown, Earth Policy Institute | March 14, 2011
"Just as China is America’s banker, America could become China’s farmer." ++ Due to population growth and desertification China has to increase imports for grain to avoid politically destabilizing price spikes. ++ "Chinese agriculture is losing irrigation water to cities and factories." ++ If food prices rise, "Americans -- who think cheap food is a birthright -- are likely to press for restrictions on exports to China." ++ But, if the US limits grain sales to China, Beijing might limit their monthly purchases at Treasury securities auctions.
Tags: | food security |