Dec 24, 2021

China hoards over half the world’s grain, pushing up global prices

Posted by in category: food

Testy ties with U.S. and Australia could be prodding China to boost food reserves.

DALIAN, China/TOKYO — Less than 20% of the world’s population has managed to stockpile more than half of the globe’s maize and other grains, leading to steep price increases across the planet and dropping more countries into famine.

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