Agriculture and Rural Affairs - 01 Aug 2022

Discount groceries

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Premier Li Keqiang told policymakers to keep food prices under control at Friday's State Council Executive Meeting.

Li's argument was simple:

"The price of food underpins a hundred other prices."

He's right: Food prices make up about 20% of China's consumer price index (CPI) basket.

Li ...

Snuh-ohez.

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