China pushes banks to aid ailing farm sector
Brisbane Times Tue, 23 Nov 2010 19:37 PM PST
China’s Banking Regulatory Commission (CBRC) has called on banks to urgently offer special support to the agriculture sector in the face of severe shortages of corn, cotton and sugar, among other crops.
WHILE ROME BURNED,NERO FIDDLED!
Sugar cane farmers counting on $10 million government loan being turned into a GRANT in years ahead. But local population of Belize are irrate with the Prime Minister. While CHINA is short of SUGAR, our sugar industry operates in bankruptcy mode. A different solution is needed, than throwing our tax money down a BLACK HOLE like the mismanaged sugar industry.
Taxpayers claim sugar cane industry count on government loans turning into GRANTS and have consumed hundreds of millions over the years. Tell them to turn profitable or go bankrupt and grow Neam trees, make a TEAK plantation or something?
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