Summary
1 - Introduction - China’s economic and social background
- China’s economic miracle
- Social tensions in China
- Chinese data
2 - China’s agricultural imperative
- China’s agricultural success story
- China’s need for food
- Problems in Chinese agriculture
Inefficiencies in Chinese agriculture
- Lack of agricultural land
- Quality of agricultural land
- Imports
3 - China’s agricultural price support regime
- The evolution of China’s agricultural support regime
- The motive for support
-Enacting price supports
-The operation of China’s regime
- The scale of China’s regime
4 - Price floors in theory and practice
- The theory behind price floors
- Chinese price floors in practice
-Prices
-Rice
-Wheat
-Corn
-Soybeans
-Rapeseed
-Cotton
5 - The likely consequences of unwinding the subsidy regime
- Changes in Chinese agriculture
- The effects
Short run effects
Long run effects
Extended effects
Exports
Domestic demand
Longer term effects
Extended effects
Exports
Domestic demand
Longer term effects
Extended effects
Exports
Domestic demand
Longer term effects
Extended effects
Exports
Domestic consumption
Exports
Domestic demand