Business Week | By Chi-Chu Tschang
Some farmers in China are taking advantage of confusing rules to falsely label food.
The word "wholesome" doesn't exactly spring to mind when describing Chinese exports these days. But for years now, Chinese farmers have fed soaring global demand for organic foods. China's organic exports totaled $350 million in 2005 (the most recent data available)—up from $150 million the previous year—according to China's largest organic food certification agency. The country now represents 5% of global trade in such products, up to this level today from 1.2% in 2004. And that share is bound to grow as more land is converted to chemical-free farming. China now ranks third worldwide in organic farmland, after Australia and Argentina, up from 45th in 2000.
Friday, July 20, 2007
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