Chinese pork sector in the process of world economy globalization
Chinese pork sector in the process of world economy globalization
Author(s): Sebastian Stępień, Agnieszka Sapa Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: pork sector; China; supply; demand; prices; foreign trade; globalization
Summary/Abstract: The main aim of the paper is to assess the role of China in the world pork market in the context of the globalization process. We analyse the Chinese pork industry against global conditions for pork production. Supply-demand and price relationships in the pork market in China are identified as well as the trends in the foreign trade of pork meat. The study uses data for the years 1992–2014 from the statistical databases such as FAO, OECD and WITS. National and foreign literature is used in the article. Research methods include critical analysis of literature, meta-analysis and elements of inductive inference. The survey shows that the role of China in the global pork supply and demand has been increasing during recent years. At the same time one could observe a change of relation between these variables – since 2008 excess of demand over supply has been noticed. This results in a foreign trade deficit, and the scale of this deficit is increasing systematically.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2016
- Issue No: 447
- Page Range: 156-167
- Page Count: 12
- Language: English