China goes all out to harvest wheat to blunt inflation threat

30/5/2022 6:14:00 PM

Commodities: China goes all out to harvest wheat to blunt inflation threat - Bloomberg

Commodities: China goes all out to harvest wheat to blunt inflation threat - Bloomberg

(May 30): At a time when food shortages and soaring prices are becoming a major concern for governments around the world, China is going all out to make sure that its summer wheat harvest proceeds without any hitches.Premier Li Keqiang stressed that the reaping of crops should proceed without hindrance as he gave special instructions to the national summer harvest work meeting late last week, according to a report in the official Xinhua News Agency. Local authorities shouldn’t set

(May 30): At a time when food shortages and soaring prices are becoming a major concern for governments around the world, China is going all out to make sure that its summer wheat harvest proceeds without any hitches.Premier Li Keqiang stressed that the reaping of crops should proceed without hindrance as he gave special instructions to the national summer harvest work meeting late last week, according to a report in the official

Xinhua News Agency. Local authorities shouldn’t set up obstacles for any reason and whoever fails to perform their duties will be held accountable, he said.The instructions come after farmers in some parts of China had to contend with strict virus curbs that prevented them from plowing their fields and sowing their seeds. Food security is always an important issue for Beijing, but it’s especially critical this year amid surging global prices for many agricultural commodities due to extreme weather and Russia’s invasion of Ukraine. There’s also been a spate of nations curbing food exports to safeguard local supplies.

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A (May 30): At a time when food shortages and soaring prices are becoming a major concern for governments around the world, China is going all out to make sure that its summer wheat harvest proceeds without any hitches.for the latest news you need to know.for the latest news you need to know..

Premier Li Keqiang stressed that the reaping of crops should proceed without hindrance as he gave special instructions to the national summer harvest work meeting late last week, according to a report in the official Xinhua News Agency . Local authorities shouldn’t set up obstacles for any reason and whoever fails to perform their duties will be held accountable, he said. The two-time prime minister cautioned against blindly supporting a new economic grouping led by the US, claiming the 13-nation Indo-Pacific Economic Framework (IPEF) sought to isolate China. The instructions come after farmers in some parts of China had to contend with strict virus curbs that prevented them from plowing their fields and sowing their seeds.” “We are concerned the conditions Beijing authorities imposed on the visit did not enable a complete and independent assessment of the human rights environment in (China), including in Xinjiang, where genocide and crimes against humanity are ongoing,” US Secretary of State Antony Blinken said in a statement. Food security is always an important issue for Beijing, but it’s especially critical this year amid surging global prices for many agricultural commodities due to extreme weather and Russia’s invasion of Ukraine. The 13 countries that have signed the IPEF so far are: Malaysia, Australia, Brunei, India, Indonesia, Japan, New Zealand, the Philippines, Singapore, South Korea, Thailand, the United States, and Vietnam, which reportedly make up 40 per cent of the world's GDP. There’s also been a spate of nations curbing food exports to safeguard local supplies.

Chinese farmers start reaping crops such as wheat and planting corn and soybeans from late May, with the harvest starting in the warmer southern parts of the country and gradually moving north. "The US will always want to use groupings like this in order to isolate China. She said the trip was a chance for her to speak with “candour” to Chinese authorities as well as civil society groups and academics. It’s key to fulfilling Beijing’s annual food production targets and shortfalls can lead to sharp price spikes. “As protectionism grows globally on food exports, domestic production in China has become more important than ever in maintaining stable supply and curbing inflation,” said Gary Ng, a senior economist at Natixis SA. US President Joe Biden launched IPEF during a visit to Japan earlier this week. Beijing will need to try and strike a balance between food security and lockdowns, he said.’ “We are further troubled by reports that residents of Xinjiang were warned not to complain or speak openly about conditions in the region, that no insight was provided into the whereabouts of hundreds of missing Uyghurs and conditions for over a million individuals in detention,” Blinken said. Premier Li has been making efforts to ensure Beijing doesn’t sacrifice too much economic growth as it sticks with its strict Covid Zero policy. Advertisement.

In agriculture, there have also been a range of other efforts to ensure the summer harvest proceeds smoothly: State Council Vice Premier Hu Chunhua visited Henan province, the biggest wheat producer in China, to try and ensure a successful harvest, Xinhua reported on Sunday. In some parts of Henan, medical staff have been sent to the fields to offer Covid-19 tests to farm workers, broadcaster CCTV reported over the weekend. “Resignation is the only meaningful thing she can do for the Human Rights Council,” said Dilxat Raxit, spokesperson for the World Uyghur Congress advocacy group, while US-based Uyghur activist Rayhan Asat called it a “total betrayal” on Twitter. Authorities around China have taken steps to ensure the transport of agriculture machines won’t be impeded by virus restrictions, the Ministry of Agriculture and Rural Affairs said on its website. Local governments in provinces from Henan to Jiangsu are organizing volunteers to help reap crops if there are shortages or workers due to virus-related curbs on movement. Subscribe to Mid-day email alert We deliver news to your inbox daily . Witnesses and rights groups say more than one million people have been detained in indoctrination camps in the western Chinese region that aim to destroy the Uyghurs’ Islamic culture and forcibly integrate them into China’s Han majority.