China should stop hoarding food and fertiliser, says former World Bank chief
- company World Bank
- location Beijing
- location China
- location Iran
- location Strait of Hormuz
- location United States
- location Washington
- person David Malpass
Former World Bank President David Malpass has urged China to stop building its stockpiles of food and fertilizer to help ease a global supply crisis, citing the country's position as the world's largest holder of such reserves[1].
In an interview with the BBC, Malpass stated China holds the world's largest stockpile of food and fertilizer[1]. He argued that Beijing's claim to developing nation status in institutions like the WTO and World Bank is no longer credible and suggested the country could suspend that designation[1]. China has halted fertilizer exports since March to protect domestic supplies[1]. Malpass also noted China benefits economically from open waterways and would be a 'big loser' if Iran gained control of the strategically vital Strait of Hormuz[1]. Separately, the BBC radio program 'The Food Chain' recently explored the trend of meal prepping as a method to save time, money, and reduce stress[2]. The episode featured advice from experts Jess Rice, Kevin Curry, and Natalie Stanton on meal preparation and food safety[2].
Sources cited (2)
- bbc.com ↗ B
- bbc.co.uk ↗ B