Current Event of the Day

http://news.bbc.co.uk/2/hi/business/7252010.stm

In China, there is a constant rise of inflation rate of food. Inflation, a term used in economics, encomposses the idea that the value of money is directly tied with supply and demands of the country it is in. The costs of food and the inflation accompanying it are most likely caused by the harsh winter occuring in China currently.

The events in China make me wonder: can a developing country be completely hindered by such a problem? China is well-known as the growing power that many consider to be a future world leader, yet it is being bogged down by troubles that harshly affect most of the population. Each blow in the economy has to be taken at view-point: the country is just too big in population.

China's density in its smallest cities, comprised of no less than three million people, is most likely the biggest problem when it comes to agriculture and produce. The population must be spread out over its country size in order to maximize its ability to survive through famine and economic crises.