business

China should stop hoarding food and fertiliser, says former World Bank chief

BBC News·May 12, 2026
China should stop hoarding food and fertiliser, says former World Bank chief

David Malpass, the former World Bank chief, has urged China to stop stockpiling food and fertiliser. He believes this practice is detrimental and should be halted. Malpass also questioned China's claim to be a developing nation, stating that it is no longer a credible designation. China's economic status has evolved, and its classification as a developing country is no longer justified, according to Malpass.

✦ AI-generated summary

More from Business