Beijing issued an emergency control plan to regulate the supply and prices of grains and cooking oil on May 13. The timing comes amid increased trade tensions with the United States, as well as recent news that natural disasters have led to a drop in domestic grain production.
The city’s Commission of Development and Reform claimed that the plan would ensure Beijing’s grain and oil supply and prices are within the normal range, according to a May 13 report by the state-run Beijing News.
