Question

Why the largest rice producer have no role in world trade

Answer 1

China. As the largest rice producing and consuming country, China accounts for nearly one-third of the global rice economy. Rice has been an important component of China's food grain security objectives and has been managed with the use of procurement support prices to ensure stable supplies.

Answer 2

Answer:

The world is fixated on the U.S.-China trade war. But there's another tariff fight with China happening behind the scenes with a lot of money at stake, a battle over rice. Planet Money reporters Cardiff Garcia and Sally Herships explain why China agreed to buy two shipping containers of rice from the United States.