Chinese Economics Thread
- Thread starter Norfolk
- Start date
China is reducing dependency on imported soy beans. In year 2021, while meat and dairy product output reached a historic high, soy bean import dropped 3.81 millon tonnes to 96.52 millon, from over 100 millon tonnes in year 2020.
Every year China produces 70 million tonnes of soybean meals, mostly for cattle feeds as protein supplement. That requires over 100 millon tonnes of soy beans annually.
The Ministry of Agriculture and Rural Affairs is leading the effort to lower usage of soy beans and corns in feed formulas. If everything goes on plan, it is estimated that every year as much as 30 million tonnes of soy beans can be saved.
Specically, the "artificial protein" made from carbon oxide has passed safety and efficacy assessment, and been certified for cattle feed use:
Every year China produces 70 million tonnes of soybean meals, mostly for cattle feeds as protein supplement. That requires over 100 millon tonnes of soy beans annually.
The Ministry of Agriculture and Rural Affairs is leading the effort to lower usage of soy beans and corns in feed formulas. If everything goes on plan, it is estimated that every year as much as 30 million tonnes of soy beans can be saved.
Specically, the "artificial protein" made from carbon oxide has passed safety and efficacy assessment, and been certified for cattle feed use:
When using artificial protein for cattle, does that affect the quality of the meat?
I assume it is going to be done without affecting quality.
It seems the decoupling is well on track.
The final showdown won't be far.
AssassinsMace
Lieutenant General
That's pretty moot. The US will certainly ban Chinese storage batteries like they ban solar panels. China will ultimately make them cheaper. That's all that matters. Like US and European batteries won't need rare earth elements...? Same problems ahead.
Many of the solar panels from Vietnam and Malaysia are actually Chinese companies that set up manufacturing in the region to avoid anti-dumping. The so called ban is just a feel good measure to appease politicians and the domestic industry.