Floods and the coronavirus create more uncertainty for China as food prices climb

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Floods and the coronavirus create more uncertainty for China as food prices climb
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Elevated food prices are just one of many new challenges China needs to face in the wake of the coronavirus outbreak.

, according to a CNBC translation of his remarks as reported by Chinese state media.

However, for the economy overall, developments such as the temporary re-emergence of the coronavirus will likely mean a more gradual return growth. For restaurants, it remains a difficult journey ahead as they navigate changes in food prices and consumer behavior.

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