Why China's Buying Rice From America : The Indicator from Planet Money China is the world's biggest rice producer. So why did China agree to buy two shipping containers of rice from the U.S.?
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Why China's Buying Rice From America

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Why China's Buying Rice From America

Why China's Buying Rice From America

Why China's Buying Rice From America

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China Photos/Getty Images
WUHAN, CHINA - APRIL 8: (CHINA OUT) A customer checks rice at a farm product market on April 8, 2008 in Wuhan of Hubei Province, China. . (Photo by China Photos/Getty Images)
China Photos/Getty Images

The International Rice Research Institute says China is the world's largest producer of rice. It produces 200 million tons of rice a year, and it imports very little. But last year, China agreed to buy two shipping containers of American rice, a product it arguably doesn't need or want.

Today on the Indicator, the mystery of China's American rice purchase: what it is, why it happened, and what it tells us about global trade.

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