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Home arrow News & Interviews arrow News March 2008 arrow Scientist Says Grain Reserves Are Empty Due to Corruption
Scientist Says Grain Reserves Are Empty Due to Corruption PDF Print E-mail

By Peter Bachmann, on Thursday, 20 March 2008

Published in : The News, News March 2008


A top rice scientist and government adviser has said that some local grain reserves in China are empty following heavy extra demand during the severe winter weather and fabricated reporting of figures to central government, The Beijing Times reports.

 

The newspaper quotes Yuan Longping, who is called a 'top rice scientist and an adviser to the Chinese government,' as saying that some officials in charge of granaries are reporting inflated figures to claim more government subsidies. The State Administration of Grain has apparently begun an investigation.

Grain reserves are a growing issue in China, as recent price increases for food products are blamed for driving up inflation to an 11-year record. China is facing "its most difficult year," according to Premier Wen Jiabao. The global economic slowdown precipitated by the U.S. recession and domestic inflationary pressures in China will have a considerable impact on China's economy, Wen said in Beijing.


Last update : Thursday, 20 March 2008

   
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Keywords : Grain, Food, Corruption, Inflation, Reserves, Demand, Logistics


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