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The government offers subsidy to the farmers to ensure base supplies such as rice to be kept low priced. Usually the farmers in China cannot complete with the f
by edwinyzh 7y ago
The government offers subsidy to the farmers to ensure base supplies such as rice to be kept low priced. Usually the farmers in China cannot complete with the farmers in the US in terms of cost, coz the local prices are not determined by free market but by the gov. I see this as a benefit of big government (but bad for the local farmers)