China's Rare Drought Continues

China is has been going through a rare drought since November that is threatening their summer wheat harvest. Yesterday, February 5, 2009, China declared the highest level of emergency. There are currently millions of people who have a severe shortage of drinking water. It will be interesting to see how the Chinese Government continues to handle the duress of the people affected most by this drought. It will also be interesting to see how this affects China’s wheat exports in the near future.

http://news.xinhuanet.com/english/2009-02/06/content_10776685.htm