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this post was submitted on 05 Aug 2023
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Why can't South Asian diaspora just buy Thai jasmine rice instead?
Hong Kong here. We have rice almost everyday and apparently, we don't import them from India. Yet the "Rice Association" said that due to the India ban, the price of rice in Hong Kong will likely to rise by 10% in October.
The nations used to import from India are buying from everyone else, and that drives up the prices.
Edit: typo
Same as our energy in the UK, we were never reliant on Russia for our gas, but because countries like Germany didn't cut themselves off fast enough they were suddenly bidding up what we usually buy when the sanctions came in.