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Drought worsens fears of inflation
A rare drought that has wreaked havoc in central and southern China is expected to send grain prices soaring as experts predict the worst disaster of its kind in 50 years could offset the government’s efforts to curb inflation and threaten its annual CPI target of 4 percent.
Five provinces in the lower reaches of the Yangtze River – Hubei, Hunan, Jiangxi, Anhui and Jiangsu, a major grain-producing region – have suffered the most serious drought in decades.
The drought had affected 34.8 million people, over one million livestock, and 3.7 million hectares of farmland as of Friday, causing direct economic losses of 14.9 billion yuan ($2.3 billion), the Ministry of Civil Affairs said.
As farmers struggled to find new water sources for their crops, many fishing boats found themselves grounded as the river and lakes shrank, and residents in the region found the prices of vegetables, rice and aquatic products rising.
“Prices of some fruit and vegetables have increased to 6 yuan per kilogram on Tuesday from 3.6 yuan last week,” Jin Zhengsheng, 50, a resident of Kunshan, Jiangsu Province, told the Global Times.
Huang Xianyin, 41, a villager from Xinjian county, Jiangxi Province, also noticed the hikes.
“It’s not only vegetables. Read more…
China spends $1 billion to tackle drought
Beijing (CNN) — China’s government will invest $1 billion to combat a three month drought crippling the country’s north.
The worst drought in six decades threatens to ruin China’s winter harvest, the world’s largest producer of wheat.
To combat it, China’s government plans to spend around 6.7 billion yuan ($1.02 billion) to divert water to affected areas and irrigation facilities according to the state news agency, Xinhua.
Some 2.57 million people and 2.79 million livestock are suffering from drinking water shortages, Xinhua said.
The main affected provinces include Shandong, Jiangsu, Henan, Hebei and Shanxi, which together account for about 60% of the wheat planted this winter.
The United Nation’s Food and Agriculture Organization (FAO) issued an alert Tuesday, warning of severe wheat shortages, saying “the ongoing drought is potentially a serious problem.”
According to the FAO the drought is now affecting an area of around 5.16 million hectares, representing two-thirds of China’s wheat production.
Meanwhile the country’s capital Beijing got it first snowfall in more than three months overnight on Wednesday. But the precipitation is unlikely to end the area’s drought, reported Xinhua.
The precipitation followed cloud seeding by the municipal artificial weather intervention office, the agency said.
The African Chinese Connection
Shu Yunguo & James Shikwati

Secondly, developing countries have common qualities. Both China and African countries are developing countries meaning they have not only common history, but also share similar targets for development. Developing countries’ common qualities determine that there is no conflict of interest between them, and also that the countries have the same or similar opinions on many major international issues (such as the establishment of a new international political and economic system).
Thirdly, they are all eager to develop themselves. Currently, developing countries are still weak compared with the strong developed countries. When dialogue between developing and developed countries is progressing slowly, the cooperation between developing countries becomes especially important. Both China and African countries are developing countries, and strengthening cooperation is the request of the era and the common need to develop.
Fourthly, the countries stood the test of practice. The establishment of the People’s Republic of China and African countries gaining independence proved that the equal, reciprocal and win-win relationship between China and Africa has strong vitality and the prospect of sustainable development. Fifthly, the relationship can be guaranteed by a system and mechanism. China and Africa launched the Read more…
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