Sunday, August 19, 2012

China worries about social fallout of soybean oil price jump

News that the U.S. Midwest drought could cause the price of China's beloved soybean oil to skyrocket leaves the nation looking for ways to ensure price stability.

BEIJING — Construction laborer Yi Jichun has never heard of Illinois or Iowa. But the migrant worker's favorite comfort food comes straight out of the U.S. Midwest: soybean oil.


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