{"id":1183363,"date":"2022-01-03T12:49:42","date_gmt":"2022-01-03T17:49:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1183363"},"modified":"2022-01-03T12:49:43","modified_gmt":"2022-01-03T17:49:43","slug":"top-eurocrat-blames-rising-food-prices-on-china-for-hoarding-food-stocks","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-eurocrat-blames-rising-food-prices-on-china-for-hoarding-food-stocks\/","title":{"rendered":"Top Eurocrat Blames Rising Food Prices on China for \u2018Hoarding Food Stocks\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftop-eurocrat-blames-rising-food-prices-on-china-for-hoarding-food-stocks%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1183363&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/01\/GettyImages-1172491377-e1641217591946-640x335-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p class=\"subheading\">A former president of the European Parliament has accused China of \u201choarding food stocks\u201d, which he claims has contributed to rising food prices.<\/p>\n<p>Antonio Tajani \u2014 a former president of the European Parliament and current MEP for Central Italy \u2014&nbsp;demanded that Brussels intervene to stabilise agricultural prices and to take countermeasures against the food hoarding practices of Beijing.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cAccording to the UN, in one year, agricultural prices have risen by 30 per cent, also due to China\u2019s policy of hoarding food stocks,\u201d he wrote in a a letter to the European Commission <a href=\"https:\/\/www.ilgiornale.it\/news\/politica\/tajani-lancia-lallarme-prezzi-agricoli-stelle-colpa-cina-1999530.html\">per<\/a> the Italian newspaper&nbsp;<em>Il Giornale<\/em>.<\/p>\n<p>The MEP claimed that \u201c69 per cent of the world reserves of corn, 60 per cent of those of rice and 51 per cent of wheat are now in Chinese hands.\u201d<\/p>\n<p>\u201cIn the first 8 months of 2021, China spent on food imports approximately $98.1 billion, also buying through giants in the sector indirectly controlled by the Beijing government,\u201d the letter \u2014 which was also signed by the&nbsp;Italian Forza Italia-Ppe delegation to the European Parliament \u2014 continues. \u201cThe Wh Group, the leading Chinese meat operator, has acquired companies in Germany, Poland and the Netherlands.\u201d<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Tajani also noted the effect the current energy crisis is having on food prices in Europe, the crisis itself an <a href=\"https:\/\/www.breitbart.com\/europe\/2021\/11\/08\/european-energy-prices-soar-as-putin-holds-back-gas-supplies\/\">in-part result<\/a> of the bloc\u2019s reliance on Russian gas, as well as green energy alternatives which have yet to pick up the slack.<\/p>\n<p>\u201cThe current energy crisis also risks having an impact on the food supply chain,\u201d Tajani\u2019s letter reads. \u201cConsidering that the increase in agricultural prices is detrimental to citizens, the European Commission is asked what measures it intends to take to increase European production and stocks of agricultural products.\u201d<\/p>\n<p>Tajani\u2019s claims line up with those found in a recent report by Nikkei Asia, which <a href=\"https:\/\/asia.nikkei.com\/Spotlight\/Datawatch\/China-hoards-over-half-the-world-s-grain-pushing-up-global-prices\">claims<\/a> that China will soon accumulate the majority of the world\u2019s maize, rice and wheat reserves.<\/p>\n<p>Qin Yunyun, an official at China\u2019s&nbsp;National Food and Strategic Reserves Administration, has <a href=\"https:\/\/asia.nikkei.com\/Spotlight\/Datawatch\/China-hoards-over-half-the-world-s-grain-pushing-up-global-prices\">said<\/a> that the nation is keeping its food stockpiles at a \u201chistorically high level\u201d.<\/p>\n<p>\u201cOur wheat stockpiles can meet demand for one and a half years,\u201d Nikkei <a href=\"https:\/\/asia.nikkei.com\/Spotlight\/Datawatch\/China-hoards-over-half-the-world-s-grain-pushing-up-global-prices\">reports<\/a> the official as saying. \u201cThere is no problem whatsoever about the supply of food.\u201d<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">European Union leaders reportedly blocked attempts from the United States, Britain, and Canada to call out the Chinese Communist Party (CCP) for the use of slave labour in Xinjiang. <a href=\"https:\/\/t.co\/1q2b0C8SAF\">https:\/\/t.co\/1q2b0C8SAF<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1404520763609292805?ref_src=twsrc%5Etfw\">June 14, 2021<\/a><\/p>\n<\/blockquote>\n<p>The European Union\u2019s economic reliance on Beijing was put on full display during the first year of the Chinese coronavirus pandemic, notably Italy, which <a href=\"https:\/\/www.breitbart.com\/europe\/2020\/12\/11\/italy-gave-e1-5-billion-chinese-companies-during-pandemic\/\">sent \u20ac1.57 billion<\/a> to the communist regime in exchange for medical supplies after becoming the first European country to be hard hit by the Wuhan virus.<\/p>\n<p>As a whole, the European Union saw China become its <a href=\"https:\/\/www.breitbart.com\/europe\/2021\/02\/17\/china-overtakes-america-as-european-unions-top-trading-partner\/\">largest trading partner<\/a> in 2020, overtaking the United States for the first time in the bloc\u2019s history with 586 billion euros exchanged in trade between the EU and China.<\/p>\n<p>Despite <a href=\"https:\/\/www.breitbart.com\/europe\/2021\/05\/05\/european-union-backtracks-on-massive-trade-deal-with-communist-china\/\">backtracking<\/a>&nbsp;on a&nbsp;<a href=\"https:\/\/www.breitbart.com\/europe\/2021\/01\/05\/setback-for-the-free-world-eu-deal-with-communist-china-draws-harsh-criticism\/\">massive trade deal<\/a> with the communist state after a series of tit-for-tat sanctions earlier this year, the newly elected chancellor of Germany, Olaf Scholz, has reportedly assured Chinese dictator Xi Jinping that he will push for the investment pact to \u201ctake effect as soon as possible,\u201d <a href=\"https:\/\/www.politico.eu\/article\/olaf-scholz-xi-jinping-deepen-economic-ties-germany-china-human-rights\/\">according<\/a> to a Chinese readout of the phone call between the two leaders.<\/p>\n<p>Scholz reportedly said he will look \u201cto host a new round of German-Chinese government consultations, strengthen practical cooperation in clean energy, digital economy and service industries.\u201d<\/p>\n<p>Under the leadership of his predecessor, Angela Merkel, Germany\u2019s economy became deeply intertwined with China, which became its&nbsp;<a class=\"x5l\" href=\"https:\/\/www.ft.com\/content\/0de447eb-999d-452f-a1c9-d235cc5ea6d9\" target=\"_blank\" rel=\"noopener external\">top trading partner<\/a> in 2018. Leading German companies such as Volkswagen&nbsp;and BMW have faced&nbsp;<a href=\"https:\/\/www.breitbart.com\/asia\/2020\/03\/02\/study-nike-apple-bmw-among-83-brands-using-chinese-muslim-slave-labor\/\">accusations<\/a>&nbsp;of raking in huge profits off the back of&nbsp;<a href=\"https:\/\/www.breitbart.com\/asia\/2020\/03\/02\/study-nike-apple-bmw-among-83-brands-using-chinese-muslim-slave-labor\/\">slave labour<\/a> in the Xinjiang region, where millions of Uyghurs and other ethnic minorities are alleged to have been confined to&nbsp;<a href=\"https:\/\/www.breitbart.com\/national-security\/2019\/05\/06\/feds-china-muslim-crackdown-number-detainees-may-have-tripled-less-than-1-year\/\">concentration camps<\/a>.<\/p>\n<p>Aside from supply chain issues incurred through reliance on China, Germany and other EU nations have also faced criticism for their dependence on energy from Vladimir Putin\u2019s Russia, with&nbsp;former EU Council president Donald Tusk pronouncing that former Chancellor Angela Merkel\u2019s \u201c<a href=\"https:\/\/www.breitbart.com\/europe\/2021\/11\/29\/former-eu-chief-nord-stream-2-pipeline-was-merkels-biggest-mistake\/\">biggest mistake<\/a>\u201d was her approval of the Nord Stream 2 pipeline from Russia.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Captives of Russia: European Energy Prices Soar as Putin Holds Back Gas Supplies <a href=\"https:\/\/t.co\/HPddwWFyil\">https:\/\/t.co\/HPddwWFyil<\/a><\/p>\n<p>\u2014 Breitbart London (@BreitbartLondon) <a href=\"https:\/\/twitter.com\/BreitbartLondon\/status\/1457799836259033091?ref_src=twsrc%5Etfw\">November 8, 2021<\/a><\/p>\n<\/blockquote>\n<h5 class=\"western\"><em><span>Follow Breitbart London on Facebook:<\/span><\/em><em>&nbsp;<\/em><em><a href=\"https:\/\/www.facebook.com\/BreitbartLondon\/\"><span>Breitbart London<\/span><\/a><\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>A former president of the European Parliament has accused China of \u201choarding food stocks\u201d, which he claims has contributed to rising food prices. Antonio Tajani \u2014 a former president of &#8230;<\/p>\n","protected":false},"author":297,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1183363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1183363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/297"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1183363"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1183363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1183363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1183363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1183363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}