date:Jan 02, 2014
d some consternation that China's deepening reliance on the international market may hike global wheat prices in 2014.
Li Guoxiang, deputy director of the rural development institute at the Chinese Academy of Social Sciences, said that in comparison with the Republic of Korea and the United Kingdom, China's expenditures on grain imports equal only three per cent of its foreign currency spending at the moment, which is lower than the international level.
Currently, the supply of staple grain is