Indian Economy: News and Discussion

sunshine

Tihar Jail
Banned
Joined
Feb 9, 2021
Messages
311
Likes
456
Country flag
Get in touch with reuters and ask them. this is the source article for that news.
Check the price, $300 a ton,It is one third of the price in the Chinese market,half the price of rice in Vietnam, Of course want to buy it so cheap,When purchased, the business is said to be used for food processing excipient.
You can check customs data, and China imported 2.546 million Tons rice in 2019,Export 2.748 million tons of rice,Less than 2% of China's production and consumption.Mainly affected by taste adjustment and price.
In addition, you can check China's national grain reserves, which have a huge amount of grain reserves of nearly a year production.
At present, China has 111.5 million tons of reserves,140 million tons of wheat,70% of global reserves.China has also set up a national reserve for meat, edible oil and other necessities of equired for daily life. Whenever there is a big increase in consumption before the holidays, the national reserve will be put into the market.
Fake news from some media in India comes from green media of Taiwan.
 
Last edited:

sunshine

Tihar Jail
Banned
Joined
Feb 9, 2021
Messages
311
Likes
456
Country flag
Screenshot_20210227_103627.jpg

prepare for a rainy day, China has been stockpiling a year's consumption. There is a whole reserve rotation mechanism.
 

Lonewolf

Psychopathic Neighbour
Senior Member
Joined
Jan 26, 2021
Messages
7,300
Likes
27,599
Country flag
this is what pakistanis say about our GDP growth to feel good
cities in china are not artificial dams bridges roads railways bullet and magnetic trains are not artificial
My point is over production , empty sky scrappers , bullet train which are running in loss , they built for strategic reason not economical ,
 

Sehwag213

Senior Member
Joined
Jun 18, 2020
Messages
2,311
Likes
12,087
Country flag
Check the price, $300 a ton,It is one third of the price in the Chinese market,half the price of rice in Vietnam, Of course want to buy it so cheap,When purchased, the business is said to be used for food processing excipient.
You can check customs data, and China imported 2.546 million Tons rice in 2019,Export 2.748 million tons of rice,Less than 2% of China's production and consumption.Mainly affected by taste adjustment and price.
In addition, you can check China's national grain reserves, which have a huge amount of grain reserves of nearly a year production.
At present, China has 111.5 million tons of reserves,140 million tons of wheat,70% of global reserves.China has also set up a national reserve for meat, edible oil and other necessities of equired for daily life. Whenever there is a big increase in consumption before the holidays, the national reserve will be put into the market.
Fake news from some media in India comes from green media of Taiwan.
From where did you get rice price ?
Because we purchase rice from grocery shop at 500 dollar per tonne.

What is the price of Rice in Yuan per kg in grocery stores in China ?
 

IndianHawk

Senior Member
Joined
Sep 24, 2016
Messages
9,058
Likes
37,670
Country flag
Check the price, $300 a ton,It is one third of the price in the Chinese market,half the price of rice in Vietnam, Of course want to buy it so cheap,When purchased, the business is said to be used for food processing excipient.
You can check customs data, and China imported 2.546 million Tons rice in 2019,Export 2.748 million tons of rice,Less than 2% of China's production and consumption.Mainly affected by taste adjustment and price.
In addition, you can check China's national grain reserves, which have a huge amount of grain reserves of nearly a year production.
At present, China has 111.5 million tons of reserves,140 million tons of wheat,70% of global reserves.China has also set up a national reserve for meat, edible oil and other necessities of equired for daily life. Whenever there is a big increase in consumption before the holidays, the national reserve will be put into the market.
Fake news from some media in India comes from green media of Taiwan.
China runs a huge food deficit overall. It is importing more than 100 billion USD food every year while exports only less than half of it.

That's the actual data . It consists of all food items not just grains. China is a net food insecure country which can't actually feed itself without imports.

Read up

 

indus

Living in Post Truth
Senior Member
Joined
May 31, 2017
Messages
5,027
Likes
21,844
Country flag
China runs a huge food deficit overall. It is importing more than 100 billion USD food every year while exports only less than half of it.

That's the actual data . It consists of all food items not just grains. China is a net food insecure country which can't actually feed itself without imports.

Read up

Xhina is currently importing lot of groundnut oil as well. The demand is causing a hike in edible oil prices
 

sauntheninja

Senior Member
Joined
Dec 16, 2020
Messages
1,896
Likes
5,255
Country flag

FalconSlayers

धर्मो रक्षति रक्षितः
Senior Member
Joined
Oct 14, 2020
Messages
27,294
Likes
187,937
Country flag
Is it real news , how can they rise from 17.91 lac to surpass 20 lac or more of tamil nadu
Tamil Nadu like other states might have shown recession as India like any other country in the world fell into recession due to China Virus pandemic.
 

Lonewolf

Psychopathic Neighbour
Senior Member
Joined
Jan 26, 2021
Messages
7,300
Likes
27,599
Country flag
Tamil Nadu like other states might have shown recession as India like any other country in the world fell into recession due to China Virus pandemic.
Well will you share article by copy paste , i haven't subscribed them yet
 

Latest Replies

Global Defence

New threads

Articles

Top