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China’s crop reform plans risk adding to market volatility
date:Jul 14, 2014
es.

But a recent string of comments from well-connected Chinese food policy experts suggests Chinese authorities may soon abandon the reserve program in favor of a more market-oriented system, on the assumption that markets should do a better job than rigid policies of making the countrys food production chain more efficient.

And certainly the reserve system has room for improvement. While the stocks purchases promoted high levels of grain production by providing price floors for farmers, they

12/21 17:50