China stores enough food to last a year
Every Tuesday and Thursday, Inkstone Index features one important number about China to give you insight into the rising power. One year: How long China’s emergency food supply is expected to last. The Chinese government has stored a year’s worth of grains, the Chinese National Food and Strategic Reserve Administration said. The country stocks items such as wheat, rice, corn, cooking oil and pork. These reserves are released to the market in case of emergency and are used to manage food prices. The ruling Communist Party has been running a national grain reserve since 1955, which was initially intended to be used in times of war and natural disasters. Notably, China released 10,000 tons of