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  1. Food stability key to inflation control

    Posted Mar 10th 2012, 12:00am

    ... proactive measures to boost the cultivation of genetically modified (GM) crops to ensure there was stable food production. 'China is a big producer and consumer of agricultural products. Undoubtedly, we should have a share [in the global market] concerning agricultural hi-tech, including biological technology,' he said. The mainland issued safety certificates to one GM corn ...

  2. Consumers still confident but rising food prices are a worry, survey shows

    Posted Aug 17th 2011, 12:00am

    ... dollar, given the Hong Kong currency's peg to the dollar. 'It makes it more expensive to import our food from China,' said Tso, who was not involved in Nielsen's research. Hong Kong imports about 90 per cent of its food. Of this, 60 per cent comes from the mainland, according to the Centre for Food Safety. 'Many people from different age and income groups have ...

  3. Roots of food crisis run deep

    Posted Jun 21st 2011, 12:00am

    ... Higher food prices help to increase the rate of inflation, which puts pressure especially on the poorest consumers, of whom there are several hundred million in China. Evidence of popular ... of fish, in which China is the world leader with 60 per cent of global production- will account for 45 per cent of total fishery production including non-food uses by 2020. The good news ...

  4. China's new man at World Bank cautious about grain supply

    Posted May 02nd 2008, 12:00am by Cary Huang

    ... to avert the crisis. 'I think it [the international food shortage] will indirectly affect China,' Professor Lin said. 'But currently, the impact is minimal because we have achieved ... economist-in-waiting Justin Lin Yifu says. 'There is nothing to suggest that China should not worry about its grain supply. [We] should attach importance to [the issue] as there is hidden danger in regard ...

  5. Beware wealth's flight to safety in turbulent 2012

    Posted Jan 02nd 2012, 12:00am

    ... and that the economies of China, Japan and the euro zone would dip. They did. Ahead, expect continuing turmoil spiced by flights to safety, beggar-thy-neighbour policies and monetary stimulus inducing inflation. ... this policy with tariffs, things will get worse. Equally worrying is moral hazard inherent in the government rescues of banks, or any industry for that matter. China is a further cause for concern. ...

  6. The poor go short as food prices bite

    Posted Aug 18th 2011, 12:00am

    ... Martin Wong martin.wong@scmp.com One in six poor families with children are frequently hungry and their lives are made even bleaker by rising food prices, a study by Oxfam found. One ... interviewed 600 such families from May to July, and found one in six were in a state of 'high food insecurity' because of a lack of money. 'The finding is a shocking and terrible one. ...

  7. Record crop yields likely to stem food inflation

    Posted Dec 03rd 2011, 12:00am

    ... of measures to fight soaring prices this year, with Premier Wen Jiabao declaring inflation public enemy No1 and saying that curbing price rises is the government's top priority. China National ...

  8. Infrastructure investment tipped to beat food crises

    Posted Jun 20th 2011, 12:00am

    ... Asean co-operation with both China and India on food production and distribution could have a big impact on the region given the two countries' huge populations and economies. ... May Chan may.wychan@scmp.com More investment in infrastructure, rather than export bans, should be the solution to looming food crises in emerging markets, say analysts. 'If one ...

  9. Inflation slows but food still sizzling

    Posted Sep 10th 2011, 12:00am

    ... still up 45.5 per cent, while cooking oil rose 17 per cent and the cost of eggs gained 16.3 per cent. Overall, the food category was up 13.4 per cent. 'The momentum for strong inflation ... slackening world demand. The CPI rose 0.3 per cent last month from July, mainly driven by food and housing costs. The producer price index gained 7.3 per cent year on year, slower than the 7.5 per ...

  10. Food price surge a blessing, not a curse

    Posted Apr 21st 2008, 12:00am by Tom Holland

    ... to March. But despite the widespread air of panic, not everyone agrees that higher food prices are a bad thing, at least for China. According to Stanford University agricultural economist Scot Rozelle and his collaborator Huang Jikun of the Centre for Chinese Agricultural Policy, rising food prices represent nothing less than 'an opportunity for China to eliminate rural poverty ...




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