....Taiwanese People Buy Entire Export Amount Over Weekend
From Taiwan News:
Taiwanese companies, citizens offset loss of pineapple exports to China over weekend
In response to China's ban on imports of Taiwan-grown pineapples, Taiwanese businesses and citizens made up for the potential shortfall in sales by buying an entire year's worth of the tropical fruit in just four days.
On Friday (Feb. 26), Beijing announced it would ban all imports of Taiwanese pineapples, alleging that “harmful organisms” had been found in the fruit. Taiwan’s Council of Agriculture (COA) Minister Chen Chi-chung (陳吉仲) chastised China for its “unilateral decision,” which he deemed “unacceptable.”
According to the COA, 97 percent of exported pineapples went to China in 2020. Last year, Taiwan exported 41,661 metric tons of the fruit to China, worth approximately NT$1.5 billion (US$53.9 million)....
....MUCH MORE
Unfortunately for Australia, the Aussies weren't able to implement the same strategy when China boycotted the coal, lobsters and wine.
Taiwanese experts were looking at the geopolitical implications of pineapples, especially the monopsony trap, two years ago. From the indispensable Fresh Plaza, February 2019:
Taiwanese scholar asks if the risk is too high?China absorbed 97% of Taiwanese pineapple exports last year
