'Everything is gone.' Flooding in China ruins farmers and risks rising food prices - News Summed Up

'Everything is gone.' Flooding in China ruins farmers and risks rising food prices


Photo credit: Bao WentaoFor farmers like Bao and his father, the damage has been devastating. The Covid-19 pandemic has also caused some countries to suspend food exports, the Tianfeng Securities analysts added in a recent research note, creating more risks for food security in China. The analysts suggested a few options for China to increase food production, including to loosen restrictions on the production of genetically modified crops. As for farmers like Bao, China has set aside some money for flood relief. The local government in Jiangxi province, where Bao lives, has also allocated 280 million yuan ($40 million) for flood relief.


Source: CNN August 09, 2020 00:00 UTC



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