China Trade Facilitation Measures Offer Big Opportunities for International Food Sector

China realized 6.6% GDP growth in 2018, however this healthy growth fails to convey the pervasive sentiment of fear amongst both investors and consumers. Despite an increase in the spending power of average Chinese, consumers are tightening purse strings in anticipation of a downturn in China’s economic fortunes. These developments couldn’t come at a worse time for China and it must at all costs allay consumer fears and ensure continued spending, a goal which is reflected in policy changes across numerous sectors and with broad impact on trade and foreign policy.