date:May 13, 2013
Agribusiness Consultant.
Ma also said the government could face growing inflation pressure in the second half of the year, as a reduced grain harvest would drive up food prices in the domestic and global markets.
This will likely make the government tighten up monetary policies in the last few months of this year, Ma added.
China's grain output reached 589 million metric tons in 2012, the ninth consecutive year of increased grain harvests, according to the National Bureau of Statistics.
The