Forbes: China Food Crisis? Rising Domestic Prices And Large Import Purchases Send A SignalRising demand, floods, insect infestations, and rumors of spoiled inventories are all contributing to China’s developing food related woes.
China has a food problem. To a nation whose leaders are old enough to have been directly impacted by The Great Famine, the seriousness of food shortages cannot be overestimated. China’s burgeoning population, growing industrial economy, and expanding culture of consumerism are all contributing to a steady rise in demand for agricultural products.
But agricultural production, lest anyone forget, is subject to the biblical forces of floods, fire, pestilence, and a host of other variables, some of which are right now upsetting China’s delicate food stability. The world’s most populous nation will certainly not run out of food, but prices are rising and hints of tightening supplies are beginning to appear. Things may get worse before they get better.
Three headline issues are challenging China right now: floods, pestilence, and inventory problems.
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WNU Editor: The Chinese government is telling its citizens to not worry …. Agriculture Minister: There will be no food crisis in China (CGTN). But my friends in China have been telling me all summer on how expensive food has become. So is there a food crisis in China? I trust my friends far more than I trust Beijing.