China heading towards serious food crisis says research

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Washington: China’s declining summer grain production indicates the country is heading towards a serious food crisis, says Chinascope, a U.S.-based media research entity.

Quoting a research by well-known Chinese economist, Ye Tan, who recently published an article that has been circulating on the Internet, Chinascope said, “On July 18, the national summer grain production data that the National Bureau of Statistics released showed that the total summer grain production was 138.72 million tons in 2018, down by 3.0 per cent or 3.06 million tons from 2017. On August 10, the Committee of the Market Early Warning Experts of the Ministry of Agriculture and Rural Affairs released an analysis of the supply and demand situation as to China’s agricultural products in August 2018. The analysis predicted a shortage of corn production from 2018 to 2019 with the ending balance down by 17.75 million tons. The gap had grown from the previous year.”

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