China imports Indian rice for 1st time in 3 decades, say officials
India Today 02.12.2020 China has started importing Indian rice for the first time in at least three decades due to tightening supplies, said Indian officials. The move is also a result of sharply discounted prices offered by India, according to officials who spoke to news agency Reuters. While India is the world’s biggest exporter of rice, China is the biggest importer. The Reuters report said Beijing imports around four million tonnes of rice annually but avoided purchased from India due to quality issues. However, China has again started importing due to tightened supplies this year. The development comes at a time when tension continues to simmer between India and China due to the ongoing border dispute . “For the first time China has made rice purchases,” BV Krishna Rao, president of the Rice Exporters Association, told the news agency. He feels that China may buy more rice “after seeing the quality of Indian crop”. The report, quoting officials, noted that Indian trader...