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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?


To: Tom who wrote (1686)5/24/1998 9:26:00 AM
From: MikeM54321  Read Replies (2) | Respond to of 2951
 
Here's a problem that may be on the horizon for China. I wonder how bad it really is? It's from an obscure news source. I don't think this is widely known (in the US)yet.
MikeM(From Florida)

>>May 15, 1998. "A catastrophic drought is threatening China's harvest this year in spite of recent rains," warned Zhao Guangfa, deputy director of flood control and drought-prevention headquarters. The hardest hit grain will be rice, particularly in the south, where water reserves were depleted last year because of a lack of rain.<<