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Will the Russian-Ukrainian war threaten the "European granary" and affect our economy?
Will the Russian-Ukrainian war threaten the "European granary" and affect our economy?

? First of all, it is clear that the war between Russia and Ukraine lasted for a long time. The war between the two countries and the political problems of various countries have not only caused food problems in Europe, but also energy problems. But when it comes to the impact on China's economy, it's not great, but we can't say it's not, because we want to thank China for its strength. The biggest impact must be European countries and some countries with underdeveloped agriculture, such as Yemen, Turkey, Bangladesh and Iran. After all, they are all wheat importing countries, and 60% of their wheat is supplied from Russia and Ukraine.

I want to have a clear understanding of black soil, which represents the fertility of the land and is a very precious natural resource. The black soil area in Northeast China covers an area of about 103 square kilometers. There are three staple crops in China, namely corn, rice and wheat. Russia is the largest exporter of chemical fertilizers in the world, and potash fertilizer accounts for about 20% of the global supply. It is an inevitable trend that the Russian-Ukrainian war leads to the increase in fertilizer prices. Russian accounts for a small proportion in China's grain trade, but chemical fertilizer is very important to China, and it is an important importer of chemical fertilizer in China.

? ? What our country needs is soybeans.

Because China is the largest soybean consumer in the world, according to the data, the soybean consumption in China will reach/kloc-0.04 million tons in 2020, accounting for 30% of the global consumption demand. In 20 19, the soybean imported from China will account for nearly 85% of the total domestic consumption. Because soybeans are widely used, they can not only extract oil, but also cultivate the meat we usually eat. Soybean meal is the main raw material of feed industry, which is used to produce feed for livestock farms. Generally speaking, it is normal for the prices of edible oil, meat and vegetables to rise.

? The food crisis does exist, but it only exists in countries with weak economic capacity, or the phrase "Thanks to the strength of our country, we have avoided the food crisis". The continuation of the Russian-Ukrainian war will inevitably affect China's foreign trade, but the economic recession is not only caused by the Russian-Ukrainian war, because the global economy is on the decline. China's trade is still in the surplus stage. Even Germany, a big country in the automobile industry, faces a trade deficit. So there is no need to worry too much.