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Wang Dan, 30, stands in floodwaters near a damaged corn farm, after rain and floods brought by remnants of Typhoon Doksuri, at a village in Zhuozhou, Hebei Province, China on Aug. 7, 2023. Tingshu Wang/ Reuters
Two strong typhoons have hit North and Northeast China over the past several weeks, resulting in heavy rains and severe flooding inundating vast swathes of farmland.
A recent report by a leading credit firm, Fitch Ratings, has said that global rice prices will surge because of the floods in China which is the world’s leading rice producer.
