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Food fears: Asia's rice dilemma

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April 2007

A fall in rice yields has left China more reliant on imports

The importance of rice to Asia is common knowledge. According to UN Food and Agriculture Organization statistics, rice provides one third of all the calories consumed by humans in the region. The crop also has deep cultural and political roots.

Despite its importance, rice may be at the heart of a growing food crisis - prices have risen to a 10-year high while stocks have plummeted to a 30-year low.

"The last time we saw this kind of market, there was a famine in Bangladesh" ...

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