Recently the Chinese government has introduced measures to curb inflation. A local large food importers pointed out that since most of the renminbi and other Asian countries, the rising currency, coupled with depreciation of the dollar and soaring commodity prices and other factors in China, Greater Vancouver market from China and other Asian food prices before the Spring Festival in February next year, will be increased by an average 10-15 percent. Xiebo Heng Food Co., Ltd. President, Xinhua, said the recent general rise in prices in China, food products is a huge increase will inevitably affect the local Chinese consumption. Are still selling old stock China's food exports in total, only a small share of the Canadian market. Xiebo Heng said the local wholesale import company imported food products from China and other places, usually the first import consignment, and then slowly distribution. Currently there are importers in China, prices rose in hand before a group of imported stock, the Greater Vancouver market is still selling these stocks, so local residents do not feel the price increases temporarily. However, he pointed out that once the inventory sold out, the new price for importers to purchase local residents immediately feel the retail prices. Xie Boheng estimated price of time, should be the end of this year to appear before the Spring Festival next February, increase of different types of food, the average should be 10% to 15%. Xie business from China and other Asian countries to increase imports of food business for over 30 years, many large supermarkets local Asian food, prepared by his company imports. Rice to wait several months before arrival Some turnover faster, the Chinese often buy the food, the price has been raised. Xie Boheng to say that rice, for example, the main origin in Guangdong, the government issued preferential policies to encourage migrant workers to return home farming, a lot of rice plants can not find enough workers to start, leading to insufficient production. He said the rice will be able to arrive two weeks after ordering the past, and now have to wait two to three months. Xie Boheng pointed out that other than RMB, the appreciation of currencies in Thailand and other countries, the importers are usually denominated in U.S. dollars in recent years, the weak dollar, so the importer under pressure. He added that, fortunately strong Canadian dollar in recent years, so that was partially offset by the loss of business.

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