One belt one road initiative is bearing fruit already.

[Klause]

Ignore American media.


This is real.


Wheat from Russia now landing in China via only train. Fast efficient cost effective.

https://youtu.be/UeRYfl-ZKVM

[makar]

And we cant ship grain across our own country to ourselves.

[ajl]

What does American media have to do with this? Canada will have an export market for a small amount of high quality HRS wheat and little else a decade from now, that part I get. However, the amount of commodities China will be able to buy from anyone a decade from now will be limited as well as China's debt problems are worse than the well publicized ones of the US. China has around $2T of USD reserves down from 3.5T five years ago yet it has 40T USD of debt, most of which is denominated in USD, to service. ,.

[Klause]

What does American media have to do with this? Canada will have an export market for a small amount of high quality HRS wheat and little else a decade from now, that part I get. However, the amount of commodities China will be able to buy from anyone a decade from now will be limited as well as China's debt problems are worse than the well publicized ones of the US. China has around $2T of USD reserves down from 3.5T five years ago yet it has 40T USD of debt, most of which is denominated in USD, to service. ,.

Because you believe that.


China's debt is 4.3 trillion USD. Or 40% of 2017 GDP.

US debt is 20.8 Trillion USD or 105% of GDP

Canadian federal debt is 670 billion... Total national around 2 billion or 90% of GDP


But um yeah. China is the one in "crisis".


You are being fed lies by media government and the internet.

[makar]

I think the point is we are playing in our own sand pile while the world marches on.

[Klause]

I think the point is we are playing in our own sand pile while the world marches on.

Bingo!!!

[ajl]

Missing a zero. What do you think financed all the building of ghost cities and the like. These were done in order to manufacture whatever growth targets they had for whichever year. Watched the video, looked like an African food aid shipment more than anything else. However, unlike us they do have the ability to improve shipping infrastructure. The bulk of China's debt is held by local authorities and does not show as federal debt. It is like adding up provincial or state debt to the federal debt, which would give a more realistic debt picture. Some US states like Canlifornia and Illinois are highly in debt while others have little or no debt. No province in Canada has no debt anymore.

[blackpowder]

Roger that Bingo.
Rostelmash video posted elsewhere also thought provoking.
It has been said that democracy is the worst form of govt but the best we have for now.
Old cultures with large unified singular histories and identities seem to do just fine without our Westphalian and Reform concepts employed in the New World.
Imagine, even if they are late to the reliable energy party, they are concentrating on the reliable and affordable (and sellable) factors as primary within an environmentally safer framework. Not the other way around as we do here now.
Our system is aging before our eyes and will be at others' command like Europe, sooner than we think.
Many of yesterdays emerging economies will dictate our future.
This is of course, what Canadians obviously want, so be it.
Only from true hunger comes great strength?

[blackpowder]

What coincidence that the countries leading the way in climate strategy are doing so in economic decline also?

[blackpowder]

Maybe we should trade the Chinese a % of our oil in exchange for infrastructure building...
Oh wait, nobody really wants that either.
The weak shall perish.

[farming101]

Depending on the source China is forecast to have between 109 and 127 million tonnes of wheat as ending stocks for 2017-18. Last year they imported about 4.5 mmt with the vast majority from Australia, Canada and the US.

Interesting: Moscow is over 6600 km from the town in the video and it is still another 2300 km to Beijing
It is about 6300 km from Halifax to Vancouver by rail

Thanks Klause

[AlbertaFarmer5]

Depending on the source China is forecast to have between 109 and 127 million tonnes of wheat as ending stocks for 2017-18. Last year they imported about 4.5 mmt with the vast majority from Australia, Canada and the US.

Interesting: Moscow is over 6600 km from the town in the video and it is still another 2300 km to Beijing
It is about 6300 km from Halifax to Vancouver by rail

Thanks Klause

I can't find the source, or a reference, but I recall that often ocean freight is so cheap, that the train freight to get to the ocean from a few hundred km inland in NA often costs more than the entire ocean trip including loading and unloading. 6600 km over rail doesn't sound cost effective. Although that route is likely not relevant, Moscow is not exactly the heart of wheat production, likely shipping to China overland from points much further east and south, a far shorter journey. Railroad into China has existed for a long time

[farming101]

Yes, likely Siberian wheat. I mentioned Moscow just to get some perspective of the distance

[malleefarmer]

shitwheatbythelooks