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Business Now May 2015

Published: May 2015

In the May issue, AmCham China’s flagship publication Business Now serves up three stories focused on the agriculture industry. The cover story, “Hungry for More,” addresses China's food security issues. China's farmers struggle to keep up with demand, particularly with China's small acreage of arable land. To combat this, farmers are applying new practices to maximize their land, the government is trying to import more agricultural products and Chinese companies are buying up chunks of the global supply chain for agricultural products. Read the full story to hear more from Monsanto's Yong Gao, Asian Agribusiness Consulting's Michael Boddington and Juhui Huang of Archer Daniels Midland.

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In the May issue, AmCham China’s flagship publication Business Now serves up three stories focused on the agriculture industry. The cover story, “Hungry for More,” addresses China's food security issues. China's farmers struggle to keep up with demand, particularly with China's small acreage of arable land. To combat this, farmers are applying new practices to maximize their land, the government is trying to import more agricultural products and Chinese companies are buying up chunks of the global supply chain for agricultural products. Read the full story to hear more from Monsanto's Yong Gao, Asian Agribusiness Consulting's Michael Boddington and Juhui Huang of Archer Daniels Midland.

Next up, Alexandre Klimis from member company Infiniti Research writes the Key Business Opportunity, and makes a strong argument for investing in fruit. While not exactly cutting-edge, the fruit industry is booming in China, with extremely attractive profit margins. Blueberries usually have a 50-60 percent profit margin; Kiwis can go as high as 70 percent. “There is clear demand for investors in this sector, who could benefit from a host of government measures promoting foreign investment,” Klimis writes.

In this month's Reform Report, AmCham China's VP of Government Affairs Patrick Wang parses the No. 1 Document on agriculture to find what's in it for AmCham China members. Key points focus on food safety and agricultural goods trading. “In general,” Wang writes, noting the exception of wheat and rice, “the development of the agriculture industry in China welcomes cooperation and foreign investment.”

The full issue also features a book review by AmCham China Vice Chair Randal Phillips and a Style feature on Signature Wine Club, complete with food and wine pairings for Chinese dishes such as Peking Duck.

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