ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
China is maintaining its food stockpiles at a "historically high level," says the head of grain reserves at the National Food and Strategic Reserves Administration. "There is no problem whatsoever about the supply of food."

China hoards over half the world's grain, pushing up global prices

Testy ties with U.S. and Australia could be prodding China to boost food reserves

SHIN WATANABE and AIKO MUNAKATA, Nikkei staff writers | China

DALIAN, China/TOKYO -- Less than 20% of the world's population has managed to stockpile more than half of the globe's maize and other grains, leading to steep price increases across the planet and dropping more countries into famine.

The hoarding is taking place in China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more