[ China Floods 2020 ] Three Gorges Dam Flood Destroys China's Rice ! China food Crisis
Three Gorges Dam Flood Destroys China's Rice ! China food Crisis
China has started importing rice from India for the first time in three decades, reported Reuters early in December. While Beijing imports some 4 million tonne of rice annually, it has avoided purchasing from India. In 2019, India ranked ninth among the fourteen countries that supplied rice to China.
Why it matters: For two-thirds of people living in China, rice is the staple food. However, the country is running out of rice, and they are looking at India to meet this demand.
The reports came as the political tensions between the two neighbours have worsened in the past year due to border disputes.
Driving the news: China avoids buying rice from India, citing quality issues. It has been importing from countries like Pakistan, Thailand, Vietnam and Myanmar. However, this year, due to limited supply and increased prices (as much as $30 per tonne), China started looking elsewhere.
"For the first time, China has made rice purchases. They may increase buying next year seeing the quality of Indian crops," said BV Krishna Rao, president of the Rice Exporters Association.
By the numbers: Between December to February, the Chinese traders exported some 100,000 tonne of rice at $300 per tonne - the cheapest in the global market.
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Видео [ China Floods 2020 ] Three Gorges Dam Flood Destroys China's Rice ! China food Crisis канала GODDAMN 333 HL
China has started importing rice from India for the first time in three decades, reported Reuters early in December. While Beijing imports some 4 million tonne of rice annually, it has avoided purchasing from India. In 2019, India ranked ninth among the fourteen countries that supplied rice to China.
Why it matters: For two-thirds of people living in China, rice is the staple food. However, the country is running out of rice, and they are looking at India to meet this demand.
The reports came as the political tensions between the two neighbours have worsened in the past year due to border disputes.
Driving the news: China avoids buying rice from India, citing quality issues. It has been importing from countries like Pakistan, Thailand, Vietnam and Myanmar. However, this year, due to limited supply and increased prices (as much as $30 per tonne), China started looking elsewhere.
"For the first time, China has made rice purchases. They may increase buying next year seeing the quality of Indian crops," said BV Krishna Rao, president of the Rice Exporters Association.
By the numbers: Between December to February, the Chinese traders exported some 100,000 tonne of rice at $300 per tonne - the cheapest in the global market.
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** China Flood news today * *** Leshan Buddha statue drowning **** **** Yangtze River Flood news *** **** 3 gorges Dam update ****** *** Sichuan Flood news ******* *** China Flood 2020******* *** Three gorges dam collapse ****** *** 3 Gorges Dam failure *** **** 3 Gorges Dam** **** china flood 2020 three gorges dam** ***Yangtze river flooding** ***three gorges dam*** *** China Floods *** *** 3 Gorges news today ***
Видео [ China Floods 2020 ] Three Gorges Dam Flood Destroys China's Rice ! China food Crisis канала GODDAMN 333 HL
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