Coworkers in Shenzhen are already saying that more fancier foods are already getting scarcer in the inland China, and prices are going up by day.
China has done a massive livestock slaughter campaign when the quarantine was declared. That has actually depressed the food prices quite a bit for the first months, but after that, the prices have shot up. This is how they got that much meat: https://mustsharenews.com/wp-content/uploads/2020/03/Wuhan-R...
The scariest part of it is that China relies ENORMOUSLY on the imported food, despite accounting for more than 20% of global food production.
The government has expected to shut everything down, including food production, and weather the crisis by relying on the remaining food in the supply chain. China has spent a big portion of its national food reserve too: https://pbs.twimg.com/ext_tw_video_thumb/1220714156753653760...
They planned to restock quickly with overseas imports after the lockdown was to be lifted. Now that overseas supply is a big question mark...
I heard the same is going in much of the world. Agricultural business is facing shutdown, and they are cashing out their livestock, seedstock, and trying to get an early harvest done before the lockdowns hit their countries.
And people were saying that we will never see a famine in Asia in the 21st century. That optimism was premature...
China has done a massive livestock slaughter campaign when the quarantine was declared. That has actually depressed the food prices quite a bit for the first months, but after that, the prices have shot up. This is how they got that much meat: https://mustsharenews.com/wp-content/uploads/2020/03/Wuhan-R...
The scariest part of it is that China relies ENORMOUSLY on the imported food, despite accounting for more than 20% of global food production.
The government has expected to shut everything down, including food production, and weather the crisis by relying on the remaining food in the supply chain. China has spent a big portion of its national food reserve too: https://pbs.twimg.com/ext_tw_video_thumb/1220714156753653760...
They planned to restock quickly with overseas imports after the lockdown was to be lifted. Now that overseas supply is a big question mark...
I heard the same is going in much of the world. Agricultural business is facing shutdown, and they are cashing out their livestock, seedstock, and trying to get an early harvest done before the lockdowns hit their countries.
And people were saying that we will never see a famine in Asia in the 21st century. That optimism was premature...