31.08.22_Editorial_

China’s vast food reserves prove to be the Communist Party’s secret weapon against inflation. They were created to ensure a steady supply of food in the event of crop failures, and that is precisely the function they currently perform after the record drought. But by allowing state planners to keep supplies high in times of crisis, they also curb price fluctuations, analyzes Ning Wang. China has the world’s largest food stockpiles including wheat and pork.