Search results
Results From The WOW.Com Content Network
Food prices rose 4% in the United States in 2007, the highest increase since 1990, and are expected to climb as much again in 2008. As of December 2007, 37 countries faced food crises, and 20 had imposed some sort of food-price controls. In China, the price of pork jumped 58% in 2007. In the 1980s and 1990s, farm subsidies and support programs ...
The Chinese government adheres to an independent food policy because food security is the foundation of national security. [2] High food prices and serious food shortages have caused severe social and political unrest in many countries in Asia, Africa and South America .
Food prices in particular were a major drag on the index. The price of pork, a staple in the Chinese diet, plunged by 17.3% from a year ago, marking the biggest drop among all consumption items ...
China has maintained its food stockpiles at a "historically high level", contributing to higher global food prices. [ 178 ] [ 179 ] Bloomberg columnist Adam Minter wrote that "For China, such stockpiles are necessary to ensure it won't be at the mercy of major food exporters such as the U.S." [ 178 ]
A 26% year-on-year drop in pork prices, a staple food in China, contributed to the overall decline in the CPI in July. Tourism prices rose by 13.1% from a year ago. Core CPI, which excludes food ...
China's headline consumer inflation will likely remain low next year at 0.8%, while producer prices will not turn positive until the third quarter of 2025, Goldman Sachs said in a note this month.
As China is the biggest food producer and importer in the world, what happens in the agricultural sector of China has an immediate effect on the global food system. China increased its grain self sufficiency by expanding agriculture areas to regions with less rain, giving them water with irrigation systems.
"The climate is the No. 1 reason why food prices go up," Sal Gilbertie, ... And in Asia, rice production and fisheries may be threatened by extreme heat, the South China Morning Post reported.