China Orders Crackdown on Food Hoarding – Bloomberg

From Bloomberg via IHT:

Prime Minister Wen Jiabao has ordered government departments to crack down on hoarding and ease supply bottlenecks to cap surging food prices that threaten to fan inflation and create unrest.

Stockpiling of food should be closely watched, and efficient stocking, logistics and distribution must be ensured, Wen said Tuesday during a tour of food markets in Beijing.

His remarks were broadcast on China Central Television and published in state newspapers. Prices of oil, steel and public services including health care and education will also be capped, he said.[Full Text]

Categories :

Tags :,

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.