A recent surge in the price of garlic, the result of bad weather and fervent speculation, ought to be good news for Chinese exporters like E-Sunrise group.
But Gong Yiqiang, business manager for the Jiangsu province-based agricultural company, says sales are down 30 per cent so far this year because of a drop in global demand.
“We mostly export to Latin America and Southeast Asia and countries there are having problems,” he says, highlighting the circular connections that are weakening world trade.
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