Lack of trust blamed by academics for salt rush
A lack of security and trust in the central government fuelled this week's salt-buying frenzy, mainland academics say as they try to explain the phenomenon that emptied supermarket shelves of supplies in Beijing, Shanghai and other cities.
Once ubiquitous and inexpensive, salt became a rare commodity on Thursday amid rumours that iodised salt can help ward off radiation poisoning - part of the swirl of misinformation afflicting the nation in the wake of Japan's nuclear crisis.
The panic continued yesterday although prices began to stabilise after the National Development and Reform Commission, the Ministry of Commerce and the China National Salt Industry Corp gave assurances that supplies were abundant.
On the mainland, more than 80 million tonnes of salt are produced annually while annual sales are more than 8 million tonnes.
Hu Xingdou, a commentator at Beijing University of Science and Technology, said the frenzy reflected the psychology of a nation which had long experienced instability and insecurity, from war to famine.
'Chinese people have experienced too many disasters, from natural calamities to wars, in recent memory and they often felt helpless whenever such catastrophes occurred,' Hu said.