Communist Party of China encourages storage of supplies, triggers panic buying

Published 2021년 11월 6일

Tridge summary

The Ministry of Commerce in China issued a notice encouraging people to store daily necessities, leading to panic buying across the country. People bought items like rice, noodles, oil, and other materials, with grain and oil running low in some supermarkets in Beijing. However, the government assures that the grain output will be a record high, and the supply is sufficient. Despite this, panic buying continues due to concerns about the high prices and unavailability of vegetables.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Epoch Times November 06, 2021] (The Epoch Times reporter Zhang Zhongyuan reported in Hong Kong) On the evening of November 1st, the Ministry of Commerce issued a document to encourage the people to store daily necessities in response to emergencies. Panic among the people was triggered and panic buying appeared across China . After the Ministry of Commerce’s notice was issued, some people, in response to "emergency needs", associated with the recent tense situation across the Taiwan Strait. Many people went to supermarkets to snap up rice, noodles, oil and other materials. According to official Chinese media reports, grain and oil appeared in some supermarkets in Beijing. After the peak of material purchases, the Municipal Administration for Industry and Commerce stated that the supply of goods in Beijing is currently stable and there is no need to hoard materials. Subsequently, the panic buying tide spread across China. Mr. Dong, who lives in Shenyang, Liaoning, told our ...

Source: Epochtimes