Given our ongoing preparation for the zombie apocalypse, Shanghai’s announcement this week of a planned food storage facility comes as a huge relief. In the event of, well, whatever it is they are anticipating, the new storage base will supposedly guarantee the supply of one week’s worth of meat and vegetables for Shanghai’s 19+ million citizens.
Unfortunately the proposed project will take two or three years to build, and until then we’re left with only about a two-day supply. The move comes as China and other countries around the world fluctuate between mild concern and outright panic over food prices, hoarding, and inflation.
In the last year alone Chinese food prices have risen 10% (some argue that figure is actually much higher), and are largely accountable for the rapid rise in total inflation that’s got everybody concerned about the Chinese economy and its future. So it comes as no surprise that price stability is listed as the “top priority” in these planned storage facilities in Shanghai.