China’s flexible overseas food strategy: food trade and agricultural investment between Southeast Asia and China in 1990–2015

Abstract

ABSTRACTUsing the UN Comtrade database and multiple sources of agricultural investment data, this paper outlines the emerging patterns of food trade and agricultural investment between Southeast Asian countries and China. The paper shows that China has adopted a flexible overseas food strategy. First, China has increased food export and shifted its food trade with Southeast Asia from a dependent relationship towards a complementary relationship at the regional level in recent years. Second, China tends to adapt to the existing conditions of food production and trade in Southeast Asian countries instead of fundamentally altering them. Finally, Chinese overseas agricultural investment is less driven by domestic food demand but more oriented for profit making, and this gives it flexibility in diversifying investment. An adequate understanding of China’s flexible food strategy in bilateral and multilateral relationships holds implications for global food security.