China likely to face 130 million tonnes grain supply gap by end of 2025, said state think tank
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China likely to face 130 million tonnes grain supply gap by end of 2025, said state think tank
STOCKS

China likely to face 130 million tonnes grain supply gap by end of 2025, said state think tank

 

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China is likely to face a grain supply gap of about 130 million tonnes by the end of 2025, according to a report released by the Rural Development Institute at the China Academy of Social Sciences (CASS), a leading government think tank.

The country's supply of three staple grains – wheat, rice and corn – is expected to fall short of demand by 25 million tonnes by the end of 2025, meaning there will be a rising dependence on imports, according to the report.

Although China had established a state grain security system and overall supply . . .

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