In today’s world, despite us having nuclear energy, space technology, and artificial intelligence, 730 million people worldwide are still suffering from hunger. The China Academy reports that at this year’s G20 Summit, Brazil committed to eradicating hunger globally, a goal that China has long pursued.
On November 18, 2024, during the G20 Summit, Brazilian President Lula officially launched the “Global Alliance to Combat Hunger and Poverty.” This pivotal initiative aims to address one of the world’s most pressing issues, as the UN’s 2023 statistics show that 733 million people globally still suffer from hunger, with one-fifth of them residing in Africa. President Lula’s announcement has garnered widespread support.
However, the UN report does not highlight twocrucial facts:
- without China’s efforts, that number could soar to 1.5 billion; and
- without the monopoly held by American agricultural corporations, there wouldn’t be so many people starving.
Chinese farmers to feed nearly one-fifth of the world’s population using less than 9% of the world’s arable land, alleviating hunger for 1.4 billion people around the world.
The four major grain merchants in the world — ADM, Bunge, Cargill, Louis Dreyfus — monopolize over 80% of global grain trading, with three of them being American companies. In the first quarter of 2022, global food prices rose by nearly 20%, with wheat prices increasing by 60%.
Estimates from the World Bank show that for every one percentage point increase in food prices, 10 million people worldwide fall into extreme poverty. Behind this is the global monopoly of American grain merchants setting food prices, leading to economic “windfalls”.
The “windfalls” of a few countries and companies have driven many developing countries that rely on agricultural imports into anxiety and panic over famine.
Read more at:
The China Academy, November 21, 2024. https://thechinaacademy.org/china-and-brazil-rise-up…/
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