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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: St. John Smythe who wrote (70877)	2/6/2011 8:40:20 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219466

- majority people still living in rural/inland areas of china and are dependent on food production / distribution for sustenance (this is a very different situation than usa where a mere and measly 3% are farmers) - capital must be aggregated for rural development that is already picking up speed - real income gain by city folks has been astounding over the past 30 years - time to redistribute so as to engage with rural transformation - city folks got 20-30% nominal income gain last year, and should get 20+% gain this year, so time to spend more on food therefore food inflation is good for china also, china export more processed food than it imports in raw food the whole idea that food inflation is bad for china is mathematically and logically not on, except in minds of simpletons that be with economist, cnn, fox, wsj, nyt, iht ... chanos, mark howard, ... what the officialdom does need to do and are doing is to mouth, "we are deeply concerned about food inflation"