China’s hungry again
03 Dec, 2010 11:19 AM
Farm on Line
THE global economy might be only running in second gear, but demand for food is fast moving into supercharged territory again, particularly in hungry China.
In October average food prices jumped 10 per cent as commodity prices leapt in the dragon economy, which is now poised to overheat on several fronts.
The ruling State Council has just ordered local governments to boost agricultural production, stabilise food supplies and reduce prices, also instructing local officials to ensure fuel, heating oil and power supplies are sufficient as winter arrives. (more at link)