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Tags: China | Financial Markets | Infrastructure | Money | china | hoarding | food

China Massively Hoards Food: Inflation, War Fears Rise

Farmers harvest rice at Xinghua in Taizhou, Jiangsu Province of China. (VCG/VCG via Getty Images)

By    |   Monday, 10 January 2022 06:52 AM

The Chinese government for the past year has been on a massive food-buying binge unlike any ever seen in history.

The move to store such enormous quantities of food has not only caused food prices to spike globally but raised real worries China may be preparing for some dark event — such as a war with Taiwan.

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The Chinese government for the past year has been on a massive food-buying binge unlike any ever seen in history. The move to store such enormous quantities of food has not only caused food prices to spike...
china, hoarding, food, grain, war, inflation, fear
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2022-52-10
Monday, 10 January 2022 06:52 AM
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