January 23, 2020

Biotech; Policy Issues; and, the Agricultural Economy (Food Prices)


Lucy Hornby reported yesterday at The Financial Times Online that, “In a speech a year ago, Xi Jinping backed China’s development of genetically modified crops as a means of strengthening food security. But even he hedged a little, warning: ‘Be bold in research, careful in promotion.’

“China’s pro-GM camp is now counting on the president’s support to unblock a bureaucratic stalemate that has stalled development of the crops by the world’s largest food consumer.

“After waves of state funding, researchers have developed a number of crops and are now just waiting for the green light to commercialise them. But approval will be slow in coming as long as public opinion — and more importantly, officialdom — remains firmly anti-GM.”