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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1245)	11/6/2003 12:02:13 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China May Halt Corn Exports In 2004 USAgNet - 11/06/2003 China may halt corn exports next year after a recent climb in domestic prices to their highest levels for years, traders and industry sources told Reuters News Service on Wednesday. Following a government meeting in Beijing in late October, signs are growing that China may even default on contracts for corn shipments after January, they added. wisconsinagconnection.com ================================ Read from some Chinese board, the essential food (like rice, egg...) price is up 30%-50% recently. This combines with the ever-increasing unemployment with NO social safe net in cities, the government had better do something before it is too late. They should keep in mind that for a country like China, feeding people is the FIRST priority.