Durian boom in Chinese market sparked a large-scale trade agreement with ASEAN

Durian boom in Chinese market sparked a large-scale trade agreement with ASEAN - Printable Version

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Durian boom in Chinese market sparked a large-scale trade agreement with ASEAN - ji2222 - 09-22-2022

[Image: 010b39d5ef0818d6a0c0c04b548b487d.jpg]

The increase in durian in the Chinese market wasสล็อตalso spurred by the new agreement framework. is the Regional Comprehensive Economic Partnership (RCEP), which allows China to more easily import fresh fruit from Southeast Asian countries.

It is also a test case for China's inclusion in a large free trade framework.

The Regional Comprehensive Economic Partnership (RCEP), which came into effect in January 2022, is the world's largest trading group today. Equivalent to 30% of world GDP by the framework of this trade agreement. consists of China and all 10 ASEAN member states, including Japan, South Korea, Australia and New Zealand.

Xishuangbanna, the distribution point for durian to China
Currently, Xishuangbanna (Xishuangbanna) in Yunnan Province of China which is located next to the border of ASEAN It is the point where durian is imported from Southeast Asia the most. The fruit and vegetable market located in the area is full of middlemen and many tourists. which various kinds of durians have been imported to China via land from across the ASEAN region

According to market traders Fruit and vegetable markets in Xishuangbanna can sell up to 1 ton (1,000 kg) of durian per day during the high season. And although the price of the fruit has dropped since the trade agreement came into force But durian prices have skyrocketed. This is due to the continuous increase in demand for durian in China.

The "sweet" taste of durian and the nutritional value is quite high. It seems to attract Chinese tastes. Although the price of durians is as high as $7 per child (254 baht), durians are clearly lined up in Chinese supermarkets.

It has also been applied to many specific menus. whole durian cake Durian Fresh Milk Crepe Durian Pizza and durian hot pot All of these menus are also popular on social media. and in response to the growing demand from China. Producing countries are also accelerating the expansion of exports. Thailand also produced 1.29 million tons of durian in 2021, an increase of 30% from 2019.

China's durian frenzy with a dark side as a major import market
while Malaysia is also expanding production. After the popularity of the 'Musang King' durian variety, which is considered a high-value durian product, has increased in China. Although the productivity of such durian species tends to decline. due to the amount of precipitation that is more than usual But the Malaysian authorities are showing signs of growing exports. while the arable land continues to expand through the support of large corporate investments