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00:00And let's talk about China, because China is the world's largest fertilizer producer and exports through the strait.
00:08When they came to a standstill, Beijing also decided to limit its fertilizer exports.
00:14Why did China choose to close its doors at this particular time?
00:19Well, China has always looked internally, has focused on its own production, and especially when times get tough internationally, it
00:33starts to put up tariff barriers.
00:36In this particular case, they are preventing farmers from exporting their crops because China needs them for itself.
00:44Right. China obviously has a population of over one point four billion people.
00:49OK, it needs to look out for its own people first.
00:53And so this is not surprising at all.
00:56In fact, throughout its history, China has consistently put up some of these roadblocks in order to protect itself.
01:03But that also means that there's fewer Chinese product on the international market, which therefore drives up the price for
01:10everybody else because there's more limited supply.
01:14lines of immigration, which have kids who are run by their respective YOUs, who have given us only by the
01:17reason.
01:17The exactamente as the revenue as you if you want the поставщik iscis siglo.
01:17On the international market market market.
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