China concerned over high grain prices
BEIJING - China said Thursday it is concerned about rising international grain prices and will provide $2 million to help the U.N. World Food Program provide aid to the world's poor.
China also is willing to work with the international community to deal with the challenge of higher grain prices, Foreign Ministry spokesman Qin Gang said. He did not provide details.
Last month, the World Food Program asked donors for an additional $755 million to fill the hole in its budget caused by rising prices and the poor's growing reliance on food aid. It said that figure could rise.
"The Chinese government is highly concerned" about rising grain prices, Qin said, adding that China already has donated $2.5 million to the program.
The U.N. says millions of people around the world have been unable to buy enough food since prices began rising sharply at the start of the year.
President Bush has urged Congress to provide an additional $770 million for food aid and development programs.
- 1 Tech Stocks Mixed as Activision, RealNetworks Rise Sharply
- 2 Expeditors International Reports 1Q Earnings Rise
- 3 Putin signals he intends to stay in charge of Russia
- 4 Technology Stocks Slip on Ciscos Mixed Report
- 5 Hong Kong Finance chief to visit US
- 6 ANALYSIS: Myanmar set for political, economic shocks
- 7 HK equestrian team qualifies for Olympics
- 1 U.S. Treasury regulatory overhaul plan sparks debate
- 2 Mugabe faces biggest battle after poll defeat
- 3 Microsoft said to be evaluating Yahoo bid
- 4 Britons find car habit hard to give up
- 5 India and Africa cosy up as trade and politics top agenda
- 6 HSBC to equal rates on current home deals
- 7 CBI expects finance firms to see lose jobs and profits
- 1 Clinton spends Mother's Day campaigning in W.Va.
- 2 Henry Tang woos Italian investors
- 3 China's April inflation rises to 8.5 percent
- 4 Over 20 dead in Mo., Okla., Ga. after new round of storms
- 5 President calls Jenna's wedding 'spectacular'
- 6 Gas prices knock bicycle sales, repairs into higher gear
- 7 South Korea to double Tamiflu stockpile
|
|















GMR to expand more continents after success in Turkey


