China Crops in Short Supply as Fewer Farms Spur Food Prices

Across the road from Zhao Yuanyi’s wheat field in China’s Shandong province, Chonche Group is expanding a rail-car factory on what used to be 227 hectares of farms. Nearby, Geely Automobile Holdings Ltd. makes sedans on an 87 hectare site that four years ago was covered by crops.

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