China's Vice Premier Says Will Quickly Restore Damaged Farmland, Water Conservancy And Other Infrastructure To Ensure Accelerated Recovery Of Agricultural Production; Will Ensure Stable And Increased Grain Output, To Prevent Epidemics From Occurring In Flood-Hit Areas
Portfolio Pulse from Happy Mohamed
China's Vice Premier has announced plans to quickly restore damaged farmland, water conservancy, and other infrastructure to ensure accelerated recovery of agricultural production. The aim is to ensure stable and increased grain output.
August 14, 2023 | 2:38 pm
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POSITIVE IMPACT
China's plans to restore agricultural production could impact the price of corn.
China's plans to restore and increase agricultural production could lead to an increase in corn production, potentially affecting the price of corn.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
China's agricultural recovery could impact the iShares China Large-Cap ETF (FXI).
As the ETF includes large-cap Chinese companies, some of which are likely involved in agriculture, the recovery of agricultural production in China could positively impact the ETF.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 60
POSITIVE IMPACT
China's plans to restore agricultural production could impact the price of soybeans.
China's plans to restore and increase agricultural production could lead to an increase in soybean production, potentially affecting the price of soybeans.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
China's plans to restore agricultural production could impact the price of wheat.
China's plans to restore and increase agricultural production could lead to an increase in wheat production, potentially affecting the price of wheat.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75