China hoards resources as trade war and pandemic threaten supply

Data points to rising oil, cobalt and grain reserves amid disasters

20200906N Dalian petroleum storage

China ramped up oil imports by more than 10% year over year in the first seven months of 2020. © Reuters

YUSHO CHO, Nikkei staff writer

SHANGHAI -- China has rushed to build up its reserves of food and other strategic goods from foreign sources, aiming to ensure a steady supply in the face of a widening array of global risks.

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