40m yuan in disaster relief funding allocated to Sichuan, Yunnan 40m yuan in disaster relief funding allocated to Sichuan, Yunnan - Chinadaily.com.cn Two ministries will allocate 40 million yuan ($5.5 million) from natural disaster relief funds to support Sichuan province and Yunnan province in responding to forest fire and drought. The Ministry of Finance and the Ministry of Emergency Management said in a circular on Sunday they will allocate 20 million yuan to Sichuan for forest fire relief, while 20 million yuan will be allocated to Yunnan to tackle drought disasters. The funds will be primarily used to address water shortages for urban and rural residents, and purchase or lease emergency equipment for water supply and purification. Local authorities will use the funds to organize personnel to ensure water supply for residents, and provide assistance to those facing temporary living difficulties due to disasters. The Ministry of Finance urged the finance departments of both provinces to expedite the disbursement of the funds to disaster areas and effectively strengthen fund management, the circular said. In mid-March, a forest fire broke out in Yajiang county, Sichuan, while residents in Yunnan have experienced drought disasters and water shortage in recent days.
First cocoa now rubber tea and coffee.... Got it....so with all of our new technological advances in the world today and having AI now doing anything and everything we still have to contend with shortages of commodities.... The future of ai will fix this ...right? I mean ai is the talk and hype of modern day society....so it's gotta fix these blips we see from time to time..
Hmmm. Well I thought ai was able to predict future weather patterns and climate changes before climate changes even know themselves they are changing.
I think he was eluding to the notion that water is becoming scarce..as per the OP's article .We are seeing breakout bull markets in commodities and that there is a possibility that water scarcity might be one of the reasons. China has a lot of people to feed and this is where water scarcity will first rear its ugly head. India has monsoons...but, then again, India stop the export of rice, sugar and wheat already within the last few years. Indonesia also. There are robust bull markets in some food commodities and this is a valid trading subject. I dont see these bull markets ending anytime soon. However, much of the food commodity markets internal to north america (corn, corn sugar, Corn oil, almonds, peanuts...even north american wheat, soy and rape seed oil) dont seem to be part of these bull markets and are indeed getting cheaper and cheaper because of technology and maybe because of AI adaptation and automation