Vegetable prices in mainland China continue to rise; weather is not the main reason

Published 2024년 9월 5일

Tridge summary

Vegetable prices in China have surged this summer, affecting both consumers and farmers, with high temperatures, heavy rainfall, market conditions, and inflation being contributing factors. Despite a recent slight decrease, prices remain high and a majority of people do not feel they have fallen. The high cost of farming, especially with greenhouses, and the conversion of land for vegetable and fruit production are also factors. The situation is worsened by the supply being sent to Russia and the high cost of living in China. This has led to economic issues, including inflation, where the Communist Party is seen as the ultimate sufferer.

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

Original content

[Epoch Times September 6, 2024] (Epoch Times reporter Li Yuanming interviewed and reported) This summer, vegetable prices across mainland China have soared. On the one hand, citizens have stopped eating vegetables, and on the other hand, farmers have not made any money. The mainland media attributed the high vegetable prices mainly to high temperatures and heavy rainfall, but outside analysts believe that bad market conditions, tight markets, and inflation are all important reasons. In the past two months, from first-tier cities such as Beijing and Shenzhen to third- and fourth-tier small cities, vegetable prices have soared all the way, catching up with the annual price. Cucumbers are 10 yuan per catty, tofu is 6 yuan per piece, and beans are 8 yuan per catty... Many netizens exclaimed "I can't afford it anymore." On September 4, the CCP CCTV Finance reported that after vegetable prices rose for 9 consecutive weeks in late June, they began to fall in the last week of August, with ...

Source: Epochtimes