China should stop hoarding food and fertiliser, says former World Bank chief
David Malpass, who also served as Treasury Under Secretary for International Affairs under US President Donald Trump from 2017 to 2019, was speaking to the World Service's World Business Report on the eve of the Trump-Xi summit in Beijing. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Former World Bank president David Malpass urged China to stop hoarding food and fertilizer, citing its massive stockpiles as a potential solution to a global supply crisis. He also questioned China's claim of being a developing nation.
- China holds the world's largest stockpiles of food and fertilizer.
- Key figures include former World Bank president David Malpass and spokesperson for the Chinese embassy in Washington DC, Liu Pengyu.
- Malpass stated that China's claim to be a developing nation is no longer credible, despite being the world's second-biggest economy.
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