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Agriculture: Cotton growers lose
(Xinhua)
Updated: 2006-03-29 14:58
Chinese cotton growers have lost out on 18 billion yuan (US$2.25 billion) in
revenues over the past four years due to the country importing 4 million tons of
cotton, Tuesday's Economic Information Daily reports.
The report said that it means each of China's nearly 100 million
cotton growers earned 200 yuan less a year.
Experts warn China's growing dependence on imported cotton will bring
havocs to the growth of the country's own cotton industry and deny growers
higher incomes.
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