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China should stop hoarding food and fertiliser, says former World Bank chief
Key takeaways
- Sam Fenwick World Business Report Presenter Getty Images Former World Bank President David Malpass.
- "They have the biggest world stockpile of food stuffs and of fertiliser," he said.
- China has itself halted fertiliser exports since March, citing the need to protect domestic supplies.
Why this matters: an international story with cross-border implications worth tracking.
Sam Fenwick World Business Report Presenter Getty Images Former World Bank President David Malpass. A former World Bank president has told the BBC that China should stop hoarding food and fertiliser to ease a global supply crisis caused by the Iran war.
David Malpass, who also served as Treasury Under Secretary for International Affairs under US President Donald Trump from 2017 to 2019, was speaking to the World Service's World Business Report on the eve of the Trump-Xi summit in Beijing.
"They have the biggest world stockpile of food stuffs and of fertiliser," he said. "They can stop building their stockpiles."
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