Argentina is following the evolution of cereals and meat markets (see left) and has arrived at the conclusion that China is hoarding food as never seen before. China buys up 70% of the corn and half of the wheat available. Apparently, China is expecting a scarcity and higher prices, or a war. In other words, China's agriculture continues to fail and still cannot feed the population. It would be interesting to know how Japan and South Korea are standing in this area.
P.D.: Japan attacked America as a reaction to the embargo in the late thirties. There was not enough rice and not enough fuel. The situation was desperate, so they conquered the Dutch colonies in Indonesia for their oil and rice. I hope America will not pressure China to the point of seeing its salvation in war.
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