China officials said grain output to hit new record this year, analysts expect growing imports amid uncertainties
STOCKS
China officials said grain output to hit new record this year, analysts expect growing imports amid uncertainties
STOCKS

China officials said grain output to hit new record this year, analysts expect growing imports amid uncertainties

 

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China's grain output is expected to hit a new record high this year despite the impact of the coronavirus outbreak and typhoons that hit grain-producing regions, said government officials. But analysts expect the country to continue buying grains at a fast pace in the coming months amid market uncertainties.

Due to the COVID-19 outbreak, rainstorms in southern China in July and August as well as typhoons that hit major grain-producing areas in China's northeastern regions, the market has been concerned about the country's food security.

China's output of . . .

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