Attracted by their perceived health benefits, the Chinese are gobbling up pecans from the United States in record amounts. Last year saw a staggering 64% jump in pecan exports to Hong Kong, according to the latest numbers from the Southern United States Trade Association.
The trend started a few years back. In 2007, the price of walnuts — previously a favorite in China — spiked. So the Chinese went searching for a more affordable nut. They found the U.S. pecan, which accounts for 80% of worldwide supply.
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Steve Hargreaves, CNN Money via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/V3RhKUOLw5s/
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