China to become major grain importer by 2015
date:May 24, 2013
China, the world's largest food consumer, is expected to become a major grain importer by 2015, head of a global grain trader said in a recent industry forum.

Sunny Verghese, CEO of Olam International Ltd, a Singapore-based grain trader, said because of diminishing resources of land and water, China is on the way to become a major importer of corm, wheat and rice by 2015, according to a report by Bloomberg.

The country has long asserted its bottom line of maintaining its food security by domes
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