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Economy

China's call to stock up sparks Taiwan war rumors and panic buying

Official media scrambles to reassure public that there is no looming crisis

Families shop for vegetables on the outskirts of Shanghai. Some groceries were overwhelmed by shoppers looking to stockpile goods this week.   © Reuters

BEIJING -- It all began with a call by China's Ministry of Commerce for citizens to stockpile daily necessities, and before long the internet was rife with rumors of war with Taiwan. Now official media are scrambling to put out the fire, reassuring the country that there is no shortage of goods.

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