Farming billions in China

Contradictions in China, and the Rise of a Billionaire Family

DAVID BARBOZA

GUJIA VILLAGE, China — In the 1950s, the Liu family of southwest China’s Sichuan Province was so short of food, they sent one of their youngest sons to be raised by another family.

Shawn Liu and his father, Liu Yongxing, whom Forbes has listed as China’s richest man.

Today, however, they are one of China’s richest families.

Rising from public scorn during the Cultural Revolution, the four Liu brothers managed to turn a small quail-breeding farm into China’s largest private company, later splitting it into four.


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China and Potato Farming

China Studies Humble Potato As Way To Beat Drought

Reuters

(BEIJING) - Chinese farming experts are considering planting potatoes instead of rice and wheat as a way to beat crippling drought each year, state media said on Tuesday.

But the government would have to provide subsidies to persuade farmers to make the switch, they said.

"The potato is more drought-resistant than rice and wheat, which suits China better as 60 percent of the country's arable land is dry," Qu Dongyu, a potato farming specialist with the Chinese Academy of Agricultural Sciences, was quoted by Xinhua news agency as saying.

China, widely hit by summer floods, also suffers from a shortage of 30 billion cubic meters of water for irrigation every year.