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China to import Indian rice
Why is it in news?
- China has begun importing Indian rice for the first time in at least three decades.
Details:
- China importing Indian rice due to tightening supplies from Thailand, Myanmar and Vietnam.
- India is also offering discounted prices.
- India is the world’s biggest rice exporter and China the biggest importer.
- Beijing buys about 4 million tonnes a year but has avoided purchases from India, citing quality issues.
- The rice imports come despite political tensions over a border dispute.