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Don’t speak too soon
HOME > PAST ISSUE > REPORTS [Premium content]November 2007
A spike in food prices has led to talk of an impending explosion in China’s agricultural imports
Reports of newly arrived pigs running riot through Chinese cities may be greatly exaggerated but they are telling nonetheless. At the end of September, stories appeared about Beijing releasing 30,000 tons of live pigs from its central reserves to bring down the price of food.
The inflation rate hit an 11-year high of 6.5% in August, driven by an 18.2% rise in food prices, which make up a third of China’s consumer price index. With the price of meat alone jumping 49.2%, an increase ...
The inflation rate hit an 11-year high of 6.5% in August, driven by an 18.2% rise in food prices, which make up a third of China’s consumer price index. With the price of meat alone jumping 49.2%, an increase ...
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