Home to 21% of the world’s population, China possesses only 7% of productive farmland. As such, shifts in the composition have effects that ripple across the globe.
China’s Central Bank Cut Rates for First Time in Two Years
On Monday the People’s Bank of China also announced a 0.1 percentage point cut to two of its key policy rates. It acted after GDP grew by more than 8% in 2021, but slowed down in the fourth quarter.
COVID-19-related legislation continues to run the gavel, while rural America urges Congress to deliver on its economic relief promises. Here are three issues to watch.