Former World Bank Chief Urges China to End Food Hoarding
BBC Business
Former World Bank President David Malpass urges China to halt food and fertilizer hoarding to alleviate global supply crises amid rising tensions in Iran.
China holds the world's largest stockpiles of food and fertilizer.
Malpass questions China's status as a developing nation.
The closure of the Strait of Hormuz affects global supply chains.
U.S. inflation is expected to rise, but job data remains strong.