Li Qiang News
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After India banned exports of wheat in 2007, neighboring countries panicked and limited their grain sales, which pushed prices to records and sparked food riots from Egypt to Haiti for the next year.
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Feed demand from China’s poultry industry may slump 20 percent in the second quarter from a year earlier after an outbreak of bird flu, research firm Shanghai JC Intelligence Co. said.
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Standing on a street corner near Foxconn Technology Group’s plant in central China that makes iPhone 5 handsets, employee Wang Ke says he’ll quit if his wage doesn’t double.
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If 4,000 people go on strike at an iPhone factory in China, will anybody know it? That’s the question at the heart of an ongoing puzzle over whether, in fact, iPhone 5 production was shut down by a labor action in the northern Chinese city of Zhengzhou on Friday.
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China’s rapeseed and cotton crops have been damaged by heavy rain and snow, threatening to reduce output in the world’s largest consumer of both commodities.
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Rice imports by China, the world’s largest producer, may cause a shortage and spark a rally in prices in lean production years, said Li Qiang, managing director at Shanghai JC Intelligence Co.
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China, the world’s second-largest corn producer, may have a smaller increase in its harvest than earlier estimated after a typhoon in August damaged fields in the northeast, according to a Bloomberg survey.
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Suicides among Chinese factory workers more than doubled in the industrial south, where Apple Inc. supplier Hon Hai Group is trying to stem a series of deaths among its employees, according to a survey by a labor group.
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A U.S. corn cargo held in a Chinese warehouse since September for failing to meet local regulations on gene-altered grain will be shipped out by the yearend, three people with direct knowledge of the matter said.
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China, the world’s second-biggest corn user, will likely more than double imports in the year beginning Oct. 1 to cover a widening domestic supply shortage, Shanghai JC Intelligence Co. said.
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