China Farm Sector Needs Supply-Side Reform
- Why is the agriculture minister calling for "supply-side" reform? How could this reform affect prices and supply globally and in your local communities?
- Explain the corn production in China and policies surrounding production over the last couple of years? What are your thoughts on what has been happening? Explain.
- What recommendation is the agriculture minister making to increase farmers profitability while calling for reform at the same time? Does his recommendation apply to farmers around the world?
- There are two other areas that the government is stepping in and creating law/policy for that are mentioned towards the end of the article. What are these two recommendations? Why are these recommendations important?